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June 15, 2018
Atlanta Fed Raises Projection for GDP Growth Rate from 4.6% to... 4.8%
Gonzo.
However, in an article about GDP projections I read and posted last week, analysts noted that the Atlanta Fed tends to err on the high side. I would discount their projection and say we're hoping for 4.0%. Or better, obviously.
The big enemy of good news is an overoptimistic prediction about the goodness of the news.
The actual figure will be released Tuesday morning or, as I call it, late Monday night.
posted by Ace of Spades at
04:56 PM
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