The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

Early economic data for the first quarter of 2025 suggests negative growth, with the Federal Reserve Bank of Atlanta’s GDPNow tracker indicating a potential 1.5% contraction. Factors like decreased consumer spending due to inclement weather and weak exports have contributed to this downgrade. As a result, concerns about rising inflation, slowing growth, and potential interest rate cuts by the Fed have led to a volatile start for the stock market in 2025.

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