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Carlos Barria/Reuters The Atlanta Fed’s GDPNow model forecasts 5.4% gross domestic product-growth in the first quarter. That’s much higher than what even the most bullish economists expect, but is based on only one month’s worth of data for the quarter. Many economists expect the economy to grow closer to 2.5% through 2019. One model […]
Hurricane Harvey snuck up on Texas, said weather experts, by strengthening at a pace that outran the forecasts. By Tuesday, at least two deaths had been confirmed, though that number is expected to rise. Around 30,000 people were displaced in shelters, with cities such as Dallas expecting to house “thousands upon thousands upon thousands.” Some […]
The pound to euro exchange rate reached highs of 1.18 last week but pulled back and is valued at 1.158 ahead of this week. However, some experts say that a rebound is expected for sterling. According to Pound Sterling Live, if the rate breaks above 1.17 it could move back up to 1.18. However, the […]
