This Fed GDP forecast has the U.S. growing 5.8% in the third quarter. No, really

Could the economy be growing even faster despite rising interest rates? Sure seems so. The Atlanta Federal Reserve’s GDPNow forecast for the third quarter was just raised to a heady 5.8% annual rate. The Atlanta Fed’s forecast was lifted from 5% after the government on Wednesday reported an…#atlantafeds #federalreserve #atlantafed #jasonfurman #barackobama #sp

Source: Reuters: Health - August 17, 2023 Category: Consumer Health News Source Type: news