Atlanta Fed GDPnow (Q2): 3.7% (prev. 3.5%)
The Atlanta Fed's GDPNow model has revised its Q2 growth estimate upward from 3.5% to 3.7%, which may add to expectations of economic strength in the U.S.
JPMorgan (JPM) CEO Dimon says negative impacts of AI on the workforce is a legitimate concern
US President Trump says Iran knows what not to do; when asked what would violate the ceasefire, says you'll find out
Atlanta Fed GDPnow (Q2): 3.7% (prev. 3.5%)
US sells 6-week bills at a high rate of 3.595%, B/C 3.07x
TotalEnergies (TTE FP) CEO says windfall tax would not let us cap fuel prices at French petrol stations anymore
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This upward revision suggests that growth prospects are improving, potentially influencing Federal Reserve policy decisions and market sentiment around interest rates and the USD as traders reassess the growth-inflation mix.
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