Economists predict Japan’s revised GDP data, due for release next week, will confirm the country’s economic contraction in the first quarter of 2025. A corporate survey released on […]
Atlanta Fed Forecasts US Q2 Growth at 3.8%, Driven by Net Exports
The Atlanta Federal Reserve has revised its GDP growth forecast upward, predicting a 3.8% increase in the second quarter of 2025. This revision is primarily attributed to an […]
U.S. GDP Shows Slight Improvement in First Quarter
New data from Odaily reveals that the U.S.’s first-quarter real GDP growth rate has been revised upward, showing a decrease of -0.2%. This represents an improvement over the […]
China Unveils Digital Economy Action Plan for 2025
The Chinese government has unveiled its ambitious ‘Action Plan for Digital China Construction 2025’, aiming to boost the digital economy’s share of GDP by surpassing 10%. This significant […]
Federal Reserve Acknowledges Economic Slowdown Amidst GDP Contraction
The Federal Reserve acknowledged recent economic challenges as GDP growth declined for the first quarter, according to a May policy statement from Odaily. Despite this downturn, the Fed’s […]
Atlanta Fed’s GDPNow Model Forecasts U.S. Q2 GDP Growth at 2.2%
The Atlanta Federal Reserve’s GDPNow model has revised its forecast for second-quarter U.S. GDP growth, now projecting a 2.2% increase. This represents an upward adjustment from the previous […]
U.S. GDP Contracts, Revision Expected
The U.S. economy experienced contraction in the first quarter, as reported by BlockBeats. Treasury Secretary Besant attributes this decline to a significant backlog of imported goods held in […]
U.S. GDP Contracts: Potential Impact on Crypto Markets
The U.S. economy experienced a contraction in Q1 2025, with GDP falling by 0.3% annualized. The decline was largely attributed to rising imports and reduced government expenditures. This […]
US GDP Contracted in Q1: Tariffs Fuel Economic Downturn
The US economy contracted by 0.3% in the first quarter of 2025, according to the Bureau of Economic Analysis (BEA). This decline was largely attributed to increased tariffs […]
U.S. GDP Contracts in Q1: Trump Blames Biden’s Policies
The United States experienced a contraction in GDP during the first quarter, according to Odaily. President Donald Trump criticized the situation, attributing it to the economic policies of […]
Stock Futures Decline Following U.S. GDP Release
U.S. stock market futures experienced a noticeable decline following the release of recent GDP data. The Nasdaq 100 futures saw a drop of 1.4%, the Dow Jones futures […]
Euro Area GDP Surpasses Forecasts: No Crypto Market Reaction Yet
The Euro Area’s first quarter 2025 GDP growth surged to 1.2% year-over-year, exceeding expectations of 1.1%. This positive outcome aligns with the previous quarter’s performance. Despite the higher […]
Atlanta Fed Cuts Q1 US Economic Growth Estimate
The Atlanta Federal Reserve’s GDPNow model has revised its projection for the first-quarter U.S. gross domestic product growth down to -2.5%, a decline from the previous estimate of […]
Atlanta Fed Predicts Negative Q1 GDP Growth of -2.5%
The Atlanta Fed’s GDPNow model has revised US GDP growth for the first quarter down to a forecasted -2.5%. This new estimate indicates potential volatility in the crypto […]
Williams Warns of U.S. Economic Slowdown in 2025
New York Fed President John C. Williams has issued a stark warning about the US economy’s future, predicting under 1% GDP growth and rising unemployment as early as […]