Tame Tariff Impact Gives The U.S. Fed Room To Cut
2025-10-09 08:10:00 ET
Decent momentum looks set to gradually fade on weaker sentiment
Second-quarter GDP growth came in stronger than expected in the US at an annualised 3.8%, and there was decent momentum at the start of the third quarter, prompting us to revise up our third-quarter GDP growth forecast from 1.5% to 2.4%. Trade and inventory data have been better than anticipated, while higher-income households in the US show little sign of slowing their spending....
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Tame Tariff Impact Gives The U.S. Fed Room To CutNASDAQ: VGSH
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