Early Rate Cut on Awful GDP Growth????

21 hours ago

The GDP numbers from Q1 2024 were reported at 1.6%, which was below the expected 2.5%.

This lower-than-expected growth rate has sparked discussions about whether the Federal Reserve might consider cutting rates earlier than previously anticipated.

The market's reaction to the GDP numbers indicates that there is now increased speculation about the possibility of a rate cut, with some analysts suggesting that this could bring the conversation about rate cuts back to the table sooner rather than later.