Powell: Big spike in imports to beat tariffs should reverse in 2Q | Metals Mine

Powell: Big spike in imports to beat tariffs should reverse in 2Q | Metals Mine

Powell: Big spike in imports to beat tariffs should reverse in 2Q

PiQ @PiQMarkets
POWELL:

BIG SPIKE IN IMPORTS TO BEAT TARIFFS SHOULD REVERSE IN 2Q, LIKELY NET EXPORTS TO HAVE LARGE POSITIVE CONTRIBUTION TO GDP

WILL BE HARDER TO MAKE A CLEAN ASSESSMENT OF US DEMAND May 7, 2025 2:11pm

Added at 2:12pm

FinancialJuice @financialjuice
Fed's Powell: Q1 consumer spending and inventories could be revised up. May 7, 2025 2:12pm

Added at 2:13pm

FinancialJuice @financialjuice
Fed's Powell: Swings in GDP data won't really change things for us. May 7, 2025 2:12pm

Added at 2:15pm

FinancialJuice @financialjuice
Fed's Powell: Link between sentiment data and spending has been weak. May 7, 2025 2:14pm

Added at 2:16pm

FinancialJuice @financialjuice
Fed's Powell: This is an outsized change in sentiment, though. May 7, 2025 2:15pm

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May 7, 2025 2:12pm
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