White House economic adviser: expect Q1 to barely move into positive growth, trade policy uncertainty to be resolved by early April
On 10 March, US White House economic adviser Hassett said he ‘remains optimistic about the US economy, with growth in Q1 linked to the legacy of former US President Joe Biden's administration and the timing of tariffs with President Donald Trump’. Trump's trade policies are beginning to have the desired effect of bringing manufacturing and jobs back to the US. Be wary of recessionary talk, with the first quarter expected to barely move into positive growth territory. Trade policy uncertainty will be resolved by early April.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A certain exchange: BTC sell-off is gradually transitioning to a stage where it is being absorbed by the market
Trending news
MoreMarvell Technology (MRVL.US) earnings report coming this week! JPMorgan bullish ahead of results: AI ASIC business remains strong, "Overweight" rating reiterated
JPMorgan reiterates "Overweight" rating on Broadcom (AVGO.US) ahead of earnings! Strong AI revenue growth momentum, stock price may rise by 49%
Crypto prices
More
