The first quarter GDP data in the United States aligned with what was anticipated. However, there was a slight deviation in the number of unemployment claims, which exceeded expectations by 2,000. It is expected that employment will gradually improve, leading to a more stable economic growth and a decrease in inflation. If these conditions are met, the Federal Reserve may proceed with their projected plan of implementing a 75 basis points cut throughout the year. However, if these conditions are not met, various alternative scenarios could arise. Stay updated with the latest technology news by accessing NEWSLINKER.
