
New GDP Data is Flashing a Clear Signal at Us
“Of course, if developments emerge that cause a material reassessment of our outlook, we would respond accordingly. Policy is not on a preset course.” - Federal Reserve Chairman Jerome Powell “He’s not wedded to some model he was taught 40 years ago in graduate school.” - Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, on Chairman Powell A highly anticipated update on the latest gross domestic product estimate and a highly anticipated Federal Reserve meet