US GDP growth rate: Falling from January to March Announcement April 29, 6:04
GDP = Gross Domestic Product Growth Rate from January to March will be announced on 29th. Due to the spread of the new coronavirus infection, economic activities were restricted in all parts of the United States, and it is expected that the market will fall negatively.
In the United States, the number of people infected with the new coronavirus is the highest in the world, and economic activities have been restricted in various parts of the country before and after the national emergency declaration was issued in the middle of last month.
As a result, the number of applications for unemployment insurance has exceeded 26 million in the past five weeks, and the sales of the retail business in the last month became the worst since 1992 when the statistics began. I'm out.
For this reason, market participants are expecting that the GDP growth rate from January to March, which will be announced on the 29th, will fall negatively.
In response to such a serious situation, the Federal Reserve Board has introduced an extraordinary monetary easing policy to directly fund private companies in addition to the zero interest rate policy, and the US government has a total of 300 trillion yen. We have compiled the largest economic measure ever.
However, the view that the impact of the new coronavirus on the economy will continue for a long time is deeply rooted, and how to aim for economic recovery is a major issue.