$JPGDBQQ -Japan's GDP Shrinks More than Expected (Q1/2025)$JPGDBQQ
Q1/2025
source: Cabinet Office, Japan
- Japan's GDP shrank 0.2% qoq in Q1 of 2025, compared with forecasts of a 0.1% fall and after a 0.6% growth in Q4, flash data showed.
It was the first GDP contraction in a year, amid worries over the impact of US trade policy under President Donald Trump.
On an annualized basis, the economy contracted 0.7%, worse than consensus of a 0.2% drop and a reversal from an upwardly revised 2.4% gain in Q4.
Growthdomesticproducts
$USINTR -Fed Keeps Rates Unchanged (May/2025)ECONOMICS:USINTR
May/2025
source: Federal Reserve
- The Federal Reserve kept the funds rate at 4.25%–4.50% range for a third consecutive meeting as officials adopt a wait-and-see approach amid concerns about the effects of President Trump’s tariffs.
Policymakers noted that uncertainty about the economic outlook has increased further and that the risks of higher unemployment and higher inflation have risen.
$USGDPQQ -U.S Economy Unexpectedly Contracts in Q1/2025ECONOMICS:USGDPQQ
Q1/2025
source: U.S. Bureau of Economic Analysis
-U.S economy shrank 0.3% in Q1 2025, the first contraction since Q1 2022,
versus 2.4% growth in Q4 and expectations of 0.3% expansion, as rising trade tensions weighed on the economy.
Net exports cut nearly 5 percentage points from GDP as imports jumped over 40%. Consumer spending rose just 1.8%,
the weakest since mid-2023, while federal government outlays fell 5.1%, the most since Q1 2022.