ATLANTA FED GDPNOW SURGES ABOVE 5% The Atlanta Fed’s GDPNow estimate for Q3 growth jumped to 5.1% from 4.42%, driven largely by stronger consumer spending after today’s retail sales data. Real consumption is now expected to contribute 2.83 percentage points, while private domestic final purchases are tracking at a powerful 4.7%. Market angle: exceptionally strong growth complicates the Fed outlook, reinforcing the case for tighter policy as inflation remains elevated.(彭博社)