With Interest Rates Unchanged, Eyes Shift Toward Jackson Hole FOMC Meeting
August 04, 2021 at 18:24 PM EDT
On the surface, the US economy continued to hum along in July, with the Advance Estimate of Q2 GDP coming in at a +6.5% annualized rate. Q1 GDP was revised lower, to +6.3% from +6.4%. Under the surface, economic data as a whole has been missing expectations for months. The Citi US Economic...
