US economy shrank faster than reported in first quarter

[JimH52]

The idea that we are 0.25% interest rates away from a booming economy is absurd.

Trump is chaos and wants Powell to bail him out. Powell isn't playing politics, he's a realist.

trump cannot understand basic economics. An interest rate now would fuel inflation. trump is not so smart.

 

[Meister]

The idea that we are 0.25% interest rates away from a booming economy is absurd.

Trump is chaos and wants Powell to bail him out. Powell isn't playing politics, he's a realist.

Do you understand what a quarter percent would do for our debt????
Get real, a half percent would be that much better for mortgage rates.

 

[jbrownson0831]

trump cannot understand basic economics. An interest rate now would fuel inflation. trump is not so smart.

Hahahahahahahahaha...jimboliar lecturing us on who is smart......hahahahahahahahahahahahahaha

 

[initforme]

Whether the economy shrinks or grows is really not an issue.

 

[Meister]

trump cannot understand basic economics. An interest rate now would fuel inflation. trump is not so smart.

It just might be that you are the one who doesn't understand basic economics, Jim.

I would rather have Trump's checking account than JimH52's checking account.

 

[JimH52]

Whether the economy shrinks or grows is really not an issue.

Yeah, this is a booming economy....

 

[struth]

https://www.cnn.com/2025/06/26/economy/us-gdp-q1-final

WashingtonCNN —
The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.

Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That’s worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation.

Well, trump's economy is certainly making a strong showing...NOT. But I am sure trump's maga supporters will spin this as a good thing.

I can understand why trump failed to cook the numbers on this news. He is too busy falsifying the Iran strike data.

No worries, that first qtr coming out of the four years of Xiden wasn't going to be perfect, but second qtr predictions are booming

Second-Quarter GDP Growth Estimate Increased​

On June 2, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 4.6 percent, up from 3.8 percent on May 30. View GDPNow for more details.
RELATED LINKS

Second-Quarter GDP Growth Estimate Increased

www.atlantafed.org

 

[MarathonMike]

https://www.cnn.com/2025/06/26/economy/us-gdp-q1-final

WashingtonCNN —
The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.

Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That’s worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation.

Well, trump's economy is certainly making a strong showing...NOT. But I am sure trump's maga supporters will spin this as a good thing.

I can understand why trump failed to cook the numbers on this news. He is too busy falsifying the Iran strike data.

Poor anti-American Jim. He's running out of bad news and tired of all of the dang WINNING going on under Trump's second term.

 

[kyzr]

Yeah, this is a booming economy....

Short the stock market jimbo. You would lose you shirt dumbass.
The stock market is booming, sucks to be betting the wrong way. You're welcome.

 

[Marener]

Do you understand what a quarter percent would do for our debt????
Get real, a half percent would be that much better for mortgage rates.

Treasury rates and mortgage rates are pretty tightly correlated.

Fed funds rate is not very correlated to either.

 

[Meister]

Treasury rates and mortgage rates are pretty tightly correlated.

Fed funds rate is not very correlated to either.

Did you purposely avoid what I stated regarding the debt?

 

[Marener]

Did you purposely avoid what I stated regarding the debt?

Huh? I referenced the treasury rates. Did you not see that?

Lowering the federal funds rate does not mean interest on the debt goes down.

 

[Blisterfinger]

https://www.cnn.com/2025/06/26/economy/us-gdp-q1-final

WashingtonCNN —
The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.

Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That’s worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation.

Well, trump's economy is certainly making a strong showing...NOT. But I am sure trump's maga supporters will spin this as a good thing.

I can understand why trump failed to cook the numbers on this news. He is too busy falsifying the Iran strike data.

Bidenomics.. enough said

 

[Meister]

Huh? I referenced the treasury rates. Did you not see that?

Lowering the federal funds rate does not mean interest on the debt goes down.

Huh? Perhaps you don't comprehend English all that well.
Go back and READ exactly what I posted, and not what YOU thought what I posted.
We are and will continue to barrow.

The Fed Reduced the Short-Term Rate Again, but Interest Costs Remain High

 

[Marener]

Huh? Perhaps you don't comprehend English all that well.
Go back and READ exactly what I posted, and not what YOU thought what I posted.

The Fed Reduced the Short-Term Rate Again, but Interest Costs Remain High

I don't think you understand what you're talking about.

The Fed doesn't set the interest rates on federal debt. Lowering the federal funds rate would not necessarily reduce interest on federal debt.

The fed lowered rates by 1% in the last year but treasury rates haven't gone down.

 

[Meister]

I don't think you understand what you're talking about.

The Fed doesn't set the interest rates on federal debt. Lowering the federal funds rate would not necessarily reduce interest on federal debt.

The fed lowered rates by 1% in the last year but treasury rates haven't gone down.

I don't think YOU understand what I'm talking about.
It DOES have an effect on the US barrowing going forward.

 

[Hollie]

https://www.cnn.com/2025/06/26/economy/us-gdp-q1-final

WashingtonCNN —
The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.

Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That’s worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation.

Well, trump's economy is certainly making a strong showing...NOT. But I am sure trump's maga supporters will spin this as a good thing.

I can understand why trump failed to cook the numbers on this news. He is too busy falsifying the Iran strike data.

Sorry to pee on your parade, darlin'

US Economy Expands at 2.8% Rate, Powered by Resilient Consumer

The US economy expanded at a robust pace in the third quarter as household purchases accelerated ahead of the election and the federal government ramped up defense spending.

www.bloomberg.com

 

[Marener]

I don't think YOU understand what I'm talking about.
It DOES have an effect on the US barrowing going forward.

If it does AFFECT us BORROWING going forward, why didn’t it AFFECT BORROWING in the last year?

Treasury rates are heavily influenced by growth and inflation expectations. If the Fed lowers rates, and people get concerned about this causing inflation, treasury rates could increase.

 

[berg80]

Nike says tariffs will cost it $1 billion before price increases, supply chain shifts​

https://www.cnbc.com/2025/06/26/nike-nke-q4-2025-earnings.html

Do'h, Dotard!

 

[berg80]

I don't think YOU understand what I'm talking about.
It DOES have an effect on the US barrowing going forward.

The bond market participants, on an international scale, determine bond yields by a variety of ways. Primarily by how much demand there is for the various debt instruments offered by the government to fund spending. The more the demand the lower yields go.
As deficits grow, which will keep happening after Dotard gets his "BBB," bond buyers will demand a higher rate of return for the risk they assume by buying our debt. That will happen regardless of what the Fed does.