That’s not a very good GDP print at 1.4% annualized. Especially with slightly higher PCE. If the previous quarter’s GDP print of 4.4% was accurate, that’s a really rapid slowdown.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
That’s not a very good GDP print at 1.4% annualized. Especially with slightly higher PCE. If the previous quarter’s GDP print of 4.4% was accurate, that’s a really rapid slowdown.