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US Q1 GDP numbers and Interest Rate rises?
michaels
Posts: 29,539 Forumite
http://www.bbc.co.uk/news/business-32931189
Whatever the actual figures are, does this mean that the end of zirp in the US is pushed back again?
Is this in any way true, I thought US GDP figures were Q on previous Q change at an annual rate?The US economy shrank 0.7% in the first three months of 2015, compared to the same period last year.
Whatever the actual figures are, does this mean that the end of zirp in the US is pushed back again?
I think....
0
Comments
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Probably. It'll depend on Non Farm Payroll figures confirming whether this is a symptom of the bad winter or of economic malaise IMHO.0
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The biggest drag on GDP has been the trade balance, which has been negatively affected by the stronger USD.
Yellen would have had a good idea of what these numbers were going to show before she made recent comments.'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
GoodNews: As a whole, the Euro-zone looks set to have grown slightly faster than major international rivals such as UK and the USA in Q1 2015.
RealityCheck Q1 2015 GDP growth: Spain +0.9%, France +0.6, Italy +0.3 over previous quarter, while growth in the UK and Germany slowed to +0.3%.0 -
.9% per quarter for a developed country is pretty bloody good. .6% is probably around or even a little above trend for France.0
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QE, better than nitro
I think....0
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