Headlines

US White House NEC Director Hassett says the Trump economy is running "pretty close" to 3%

Newsquawk Staff ·

  • Notes that today's GDP is somewhat disappointing. 

What it means

The remarks from NEC Director Hassett on the economy operating 'pretty close' to 3% indicate a generally positive outlook, albeit tempered by his acknowledgment of disappointing GDP figures. This juxtaposition suggests mixed signals for economic growth and may weigh on market confidence, particularly in forex and equities as investors assess the implications for monetary policy and growth expectations.

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