Atlanta Fed GDP Now (Q1 26): 3.0% (prev. 3.0%)

Newsquawk Staff · 2 Mar 2026, 16:59 UTC

What it means

The Atlanta Fed's GDP Now forecast holding steady at 3.0% for Q1 2026 suggests that the current economic momentum is consistent, neither accelerating nor decelerating. This stability could reinforce expectations around Federal Reserve policy, implying that there is no immediate urgency for shifts in rates, which may keep the USD relatively stable against major currencies through the session.

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US Market Open, 28 Oct, 10:34 UTC · what it led with

NQ futures outperform following SK Hynix's upbeat earnings.
DXY flat; NZD hit after the RBNZ unexpectedly held rates steady.

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Riksbank maintains its rate at 1.75% as expected; assesses that the probability of a rate increase later this year remains; there is considerable uncertainty and developments call for vigilance
EUR/SEK+0.3%
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EUR/NOK+0.6%
US President Trump expected to remove some tariffs on Canada in a bid to help Senator Susan Collins, WSJ reports.
USD/CAD−0.2%

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