UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'President Trump’s economy'
01 May 2025
The only certainty economists have about yesterday’s first-quarter GDP data is that it is wrong. Declining survey response rates and economies that structurally change more rapidly than statisticians can measure have conspired to make GDP everywhere subject to more frequent and larger revisions. Nonetheless, broad trends show an economy being rapidly shaped by US President Trump’s policy.
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