First-quarter slump won’t snowball into something worse, JPMorgan’s Feroli says

The U.S. economy has obviously slowed down from the stimulus-fueled 3%-ish pace of 2018, but the slump is “not snowballing into something worse,” says Michael Feroli, chief U.S. economist at JPMorgan Chase and the winner of the Forecaster of the Month contest for data that was supposed to be released in January.

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