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GDP day

Today is #gdp day. The market is expecting to see the US economy grew 2.3% during 2022. After two quarters of negative growth last year, someone that reads this number in a few years may conclude it was a normal year. But as we know, it wasn’t. #gdp and #unemployment are two key indicators the fed will consider when the #fomc meets next Wednesday to make a decision about official rates. Aside from the headline number, it would be important to see its quality, to determine if the US economy is still in the good shape it appears to be.

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