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GS on US Q2 GDP: "We expect a sizeable......>

US DATA
US DATA: GS on US Q2 GDP: "We expect a sizeable but ultimately manageable drag
from [halted Boeing 737 MAX shipments, softer-than-expected tax refunds, and
normalizing inventory growth], together worth between -0.5pp to -0.75pp on Q2
GDP growth (qoq ar). And given the +1.5pp swing in the impulse from financial
conditions and fiscal/shutdown effects, we expect growth will continue at an
above-potential pace (our current Q2 forecast is +2.8%)."

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