FTN Financial Economic Weekly

Chris Low, and Rebecca Kooshak
GDP Tracking on the Weak Side; Growth Stronger Under the Hood

Next week’s second quarter advance GDP report is the mother of all data points before the Fed’s July 31 rate decision, not that it’s likely to change FOMC thinking. Still, with just a few inputs left before next Friday’s release, the broad details of the components reveal the consumer strength and business weakness at the heart of the Fed’s thinking on rates.

Plus "The Week Ahead," a preview of next week’s potentially market-moving events.

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