The initial value of the US GDP for the first quarter is -0.3%. Although it is lower than the expected 0.3%, it is still higher than GDPNow's -2.7%, marking a new low since the second quarter of 2022. The US economy has entered negative growth, and even before any tariff disruptions, the market is likely betting on the Federal Reserve lowering interest rates in June. However, even a rate cut should be aimed at avoiding economic recession.

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