HomeMarketsU.S. Economy & JobsThe Case For 1.5% GDP Growth In The First Quarter
The Case For 1.5% GDP Growth In The First Quarter

Sam Stovall looks at the post-Fed market reaction, following its first rate hike in more than three years. He notes the surprise from the meeting was the forecast for another seven rate hikes this year, as Stovall had been expecting five. His forecasts are for 1.5% GDP growth in the first quarter, but he does anticipate some degree of a recovery and not a recession - which was echoed by Fed Chair Powell.

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17 Mar 2022

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