Fed Chair Kevin Warsh stated that economic activity is expanding at a strong pace and indicated third-quarter GDP growth likely exceeds 3%.
Sentimentbullish 70
Bullish · 70 of 100
Impact60
medium · sector-wide
Confidence70%
moderate confidence · 4 wires
Eventdeveloping
v4 · alerted to followers
WHAT WE KNOW
Fed Chair Warsh said economic activity expanding at strong pace.
Warsh said 3Q GDP likely above 3%.
Fed Chair Kevin Warsh stated that economic activity is expanding at a strong pace and that third-quarter GDP growth is likely above 3%. The remarks were made in a public appearance and represent the Fed's current assessment of the economy.
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