The median estimate for US GDP growth in the first quarter is on track for a modest acceleration, according to the median of several forecasts compiled by The Capital Spectator. If the projection is correct, output will strengthen over the 2.6% rise for last year’s fourth quarter.
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Daily Archives: February 27, 2018
Macro Briefing: 27 February 2018
IEA: US to overtake Russia as world’s largest oil producer in 2019: Reuters
Gun control efforts face headwinds in Senate: Politico
What to watch for in today’s testimony by Fed Chair Powell: MarketWatch
Global stocks rise to 3-week highs ahead of Fed chief’s debut in Congress: Reuters
St Louis Fed President is”concerned that [rate hikes go] too far too fast”: Reuters
Fed’s Quarles: “I am fairly optimistic about… the economy”: CNBC
US economy expanded at a slightly softer pace in January: Chicago Fed
IRS forces Coinbase, a cryptocurrency broker, to report records: Digital Trends
Dallas Fed: mfg business activity at highest level since 2005: San Antonio Exp News
New home sales in US fell to a 5-month low in Dec: CNBC