Barclays slashes first quarter GDP projection to just 1.5 percent as early-year growth hopes dim
April 19, 2018 at 10:53 AM EDT
Hopes are continuing to dim for breakout first-quarter growth, as economists continue to scale back expectations. Barclays became the latest to capitulate, as it slashed its Q1 estimate for gross domestic product from 2.5 percent all the way to 1.5 percent.