The first look at Q4 from the Atlanta Fed’s GDPNow model is 2.7%

It will be three months before we get any real indications on Q4 and this number is mostly a placeholder. More-pressing in the next few weeks will be indications on how Q3 GDP will be revised.

That said, CIBC made an argument that US potential (non-inflationary) growth is now 3%.

This article was written by Adam Button at www.forexlive.com.