Wednesday, 26 April 2017

JPMorgan: The Economy Barely Grew In Q1

JPMorgan Chase economists are forecasting Q1 growth of just 0.4%, barely a positive pulse. The economists cut their view from 0.6% on Wednesday, after reviewing annual revisions to retail sales data — reflecting a potentially worrisome trend of consumer weakening also seen in softer auto sales and retail sales data recently. CNBC/Moody’s Analytics Rapid Update, based

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