- January 26, 2022
- Posted by: Stratford Team
- Category: Economy
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- The US is set to report a robust 5.4% annualized growth rate for Q4 2021.
- Core inflation is set to rise to 4.9%, raising expectations for a move from the Fed.
- Assuming ongoing geopolitical tensions, the greenback is set to remain bid.
More than double than pre-pandemic – the 5% annualized growth rate expected for the fourth quarter is a reason to be cheerful. That may boost the dollar, but not stocks, which are wary of tighter monetary policy from the Federal Reserve. One day after the bank’s big decision, Gross Domestic Product is set to move markets – as the Fed remains data-dependent.
GDP Background
The US economy is set to complete an impressive recovery in 2021 on a high note. The economic calendar is pointing to an increase of 5.4% annualized in the fourth quarter, far above 2.3% recorded in the previous three months.
The Delta COVID-19 variant held back America’s expansion in the third quarter, and the…
