Pantheon Macroeconomics - The Fed yesterday acknowledged clearly the new economic information of recent months, namely, that first quarter GDP growth was "solid", with Chair Powell noting that it was stronger than most forecasters expected.

U.S. | 2 May 2019 Powell Pushes Back on Low Q1 Inflation Fed Base Case Unchanged
The Fed yesterday acknowledged clearly the new economic information of recent months, namely, that first quarter GDP growth was "solid", with Chair Powell noting that it was stronger than most forecasters expected.

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2 May 2019 Powell Pushes Back on Low Q1 Inflation Fed Base Case Unchanged

By Ian Shepherdson

The Fed yesterday acknowledged clearly the new economic information of recent months, namely, that first quarter GDP growth was "solid", with Chair Powell noting that it was stronger than most forecasters expected.

Posted: 2nd May 2019 in 'U.S.'

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