US GDP Sales QoQ Final (Q4) Q/Q 0.3% vs. Exp. 0.4% (Prev. 4.5%)
The final US GDP Sales QoQ for Q4 came in at 0.3%, slightly below expectations of 0.4% and a significant decline from the previous quarter's 4.5%.
US President Trump on Truth posts "None of these people, including our own, very disappointing NATO, understood anything unless they have pressure placed upon them!!!"
Brazil Energy Minister says government is to appeal a ruling suspending crude export tax
US GDP Sales QoQ Final (Q4) Q/Q 0.3% vs. Exp. 0.4% (Prev. 4.5%)
US Personal Spending MoM (Feb) M/M 0.4% vs. Exp. 0.5% (Prev. 0.4%)
China’s foreign minister says top leaders’ strategic guidance is key political advantage in developing China–North Korea ties, Xinhua reports
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This miss could indicate a cooling economic momentum, which may impact market sentiment regarding growth and influence the Fed's policy outlook moving forward.
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