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What Matters About US Q4 GDP Numbers
Tomorrow we get the first look at US GDP numbers for the last quarter and the full year. The consensus is that there was a significant acceleration in the economy in the last three months. That included the period of omicron’s first detection and worries of its potential impact spread around the country. That the US economy managed to get through the start of the omicron wave while still growing. And this might be a good sign for the future. The thing is, given the current monetary policy situation, the data could have a reverse effect on the markets. The Fed is currently trying to curb inflation that is at a ... (full story)