The Atlanta Fed has reduced their view on Q1 GDP due to a modest reduction in consumer spending growth and an adjustment to one of their forecasting factors following the employment report.
The long awaited CBO scoring of the Trumpcare bill is now out, and the results may give pause to moderate Republicans worried about the substantial increase in uninsured resulting from the proposed Obamacare repeal and replace legislation.
The Divergent View summarizes key points from Schwab’s wide ranging interview with Ben Bernanke
ADP reported a much higher than expected private payroll gain of 298k for the month of February.
Moments ago, the Q1 GDP growth estimate by the Atlanta Fed was revised down to 1.3% from 1.8% previously.
Are investors underestimating the timeline and overestimating the impact of Trump policy changes?
In Janet Yellen’s address to the Executives’ Club of Chicago today, Chair Yellen signaled confidence that the Fed would continue with current expectations for three quarter point fed funds rate increases for 2017.