WS #10693
US consumer spending (0.7% vs 0.6% forecast) and GDP final revision (2.1% vs 1.6% forecast) beat expectations, suggesting economic resilience that may support hawkish Fed stance.
US Macro Data Beat & Fed Implications
US consumer spending (0.7% vs 0.6% forecast) and GDP final revision (2.1% vs 1.6% forecast) beat expectations, suggesting economic resilience that may support hawkish Fed stance.