Us Gdp Q1 2024 Nominal. Real gross domestic product increased at an annual rate of 1.6 percent in the first quarter of 2024, according to the “advance” estimate. Gdp increased at a 1.6% rate in the first quarter, less than expected.
If growth continues to slowly decelerate, but inflation strongly takes off again in the wrong direction, the expectation of a fed interest rate cut in 2024 is starting to. Nominal gdp in us is updated.