Atlanta Fed Slashes Q1 GDP Forecast To Just 0.5%, Lowest In Three Years
April 14, 2017 at 14:29 PM EDT
Since March, the Fed's GDP estimate has crashed in almost linear fashion, and after this latest disappointing retail sales report - it had plunged to just 0.5%, which, if accurate, would make Q1 the weakest quarter going back three years to Q1 2014.