Gdp Revised Upwards
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USD/JPY's Upward Pressure May Persist Into 3Q
USD/JPY’s upward pressure is likely to persist into 3Q if the U.S. economy proves resilient, BofA Securities Japan said.The Wall Street Journal - World -
A GDP Warning as Signs of Stagflation Appear
Slower growth and persistent inflation explain why voters feel glum about the economy.The Wall Street Journal - World -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Why the GDP Report Fueled a Bond-Market Selloff
The results suggest that either the March inflation number, which will be reported Friday, will be higher than expected, or that figures for January and February will be revised up—or a combination of both.The Wall Street Journal - World -
Do the GDP and Dow Reflect American Well-Being?
Do the GDP and Dow Reflect American Well-Being?The Wall Street Journal - World -
GDP set to top 2% again, extending hot streak for U.S. economy
The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 — but a wider trade deficit could throw up a roadblock.MarketWatch - Business -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
GDP and the Dow Are Up. But What About American Well-Being?
The standard ways of measuring economic growth don’t capture what life is like for real people. A new metric offers a better alternative, especially for seeing disparities across the country.The Wall Street Journal - World -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
Is another inflation scare coming? GDP seems to say yes.
A surprisingly high inflation reading in the first quarter has raised anxiety about whether a key price index in March could be worse than expected and could lower the odds of U.S. interest-rate cuts.MarketWatch - Business -
Treasury yields carve out new 2024 highs after first-quarter core PCE inflation comes in hot
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. economic growth slowed to 1.6%.MarketWatch - Business -
GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.MarketWatch - Business - Federal Reserve -
GDP report shows why it’s a fool’s game to bet on the Fed’s interest-rate moves
Buying stocks after the “final rate hike” in a cycle demands perfect timing.MarketWatch - Business