Atlanta Fed GDPNow estimate dips to 3.6% from 3.7%
The Atlanta Fed's GDPNow model for Q3 GDP growth was trimmed to 3.6% from 3.7% after weaker wholesale inventories data.
Trump and Bessent ramp up positive messaging on the economy, trade, and Iran as midterms approach.
Treasury Secretary Scott Bessent made the media rounds on Tuesday and then posted on X, highlighting economic progress under the current administration. President Trump, for his part, has been sharing a blend of sharp press criticism, upbeat trade and policy updates, and a retreat from aggressive war language regarding Iran—a push that is likely to pick up speed as the midterm elections draw nearer.
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The Atlanta Fed's GDPNow model for Q3 GDP growth was trimmed to 3.6% from 3.7% after weaker wholesale inventories data.
US wholesale inventories rose less than expected in August, while wholesale sales surged.
StoneX strategist Vincent Deluard warns of rising Treasury yields, bullish on Bitcoin and gold post-midterms.
In 2026, USDT traffic has split by purpose: Tron moves funds fast and cheap, Ethereum powers DeFi. Cost and speed decide which network gets used.