
"US Trade Deficit Hits Atlanta Fed's Q2 GDP Forecast"
The Atlanta Fed's GDPNow forecast for Q2 2024 dropped from 3.5% to 2.7% due to a significant increase in the US trade deficit and weakening economic data, suggesting potential recession risks.
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The Atlanta Fed's GDPNow forecast for Q2 2024 dropped from 3.5% to 2.7% due to a significant increase in the US trade deficit and weakening economic data, suggesting potential recession risks.