Atlanta Fed GDPNow Q1 Forecast at … 4.2% (Will Fed Feel More Comfortable Raising Their Target Rate?)

By Anthony B. Sanders

The Atlanta Fed’s GDPNow forecast model puts Q1 GDP at 4.2%. 


The initial GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 4.2 percent on January 29. The advance estimate of fourth-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on January 26 was 2.6 percent, 0.8 percentage points below the final GDPNow model nowcast released on the previous day.

I wonder if The Fed will feel positive about raising The Fed Funds Target rate this year? Particularly given the 473 basis point disparity between the current Fed rate and the Taylor Rule (Rudebusch Model)?


Subscribe to NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+ chart and trade ideas; or the free eLetter for an introduction to our work. You can also keep up to date with plenty of actionable public content at Or follow via Twitter @BiiwiiNFTRH, StockTwits or RSS. Also check out the quality market writers at