US GDP Forecast Revised Upwards to 2.9% for Q1: Impact on Financial Markets and Dollar Strength

One Million Trade - 2024-04-16 16:10:00

The Atlanta Fed's latest data release reveals a positive surprise in the GDP forecast for Q1, boosting investor confidence and leading to a stronger US dollar. This upbeat economic outlook has sparked a rally in the stock market, particularly in growth-sensitive sectors. With expectations of a rate hike by the Federal Reserve, the dollar is expected to continue its upward trend. Keep an eye on central bank actions and economic indicators for insights into market movements.


The latest data release from the Atlanta Fed has shown that the GDPNow forecast for Q1 has been revi...Subscribe to access the full content