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The Most Important Economic Data of the Week

The Most Important Economic Data of the Week

Schwab Network · Schwab Network

May 2, 20256m 25s

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Show Notes

Jeffrey Cleveland calls the 1Q GDP number and payrolls data the highlights of the week. He says GDP readings indicate the U.S. economy will continue to grow through the rest of 2025, and payrolls data shows “things aren’t as dire” as bears think. While he doesn’t expect the Fed to cut rates at its upcoming meeting, he expects cuts this year.


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