Christopher Low
Christopher Low
consumer economists revise slightly spending weaker
It is going to make economists slightly revise down first-quarter GDP, which they already did with the weaker consumer spending number.
ongoing scary
You can see this clear, ongoing deterioration. And what's scary about this is it's still accelerating,
expect fed funds hike percent statement today
Like everyone else, we expect a quarter-point hike in fed funds today to 4.75 percent -- we also expect the statement to be softened.