U.S. Commerce Secretary Howard Lutnick Forecasts Over 5 Percent GDP Growth while Warning EU on Tariffs
U.S. Commerce Secretary Howard Lutnick forecasted high Q1 growth at Davos while warning the EU against tariff retaliation. He also seeks lower interest rates.
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USCommerce Secretary howard lutnick announced at the World Economic Forum in Davos on January 20, 2026, that he expects domestic economic growth to surpass most private and international projections in the coming months. Speaking at the annual meeting in Switzerland, howard lutnick forecasted that first quarter 2026 gross domestic product growth for the USwould exceed 5 percent. This optimistic outlook comes as the USCommerce Department oversees the Bureau of Economic Analysis, which is responsible for preparing the official GDP data that impacts major market benchmarks like the S&P 500 Index and the SPDR S&P 500 ETF Trust .
USCommerce Secretary howard lutnick announced at the World Economic Forum in Davos on January 20, 2026, that he expects domestic economic growth to surpass most private and international projections in the coming months. Speaking at the annual meeting in Switzerland, howard lutnick forecasted that first quarter 2026 gross domestic product growth for the USwould exceed 5 percent. This optimistic outlook comes as the USCommerce Department oversees the Bureau of Economic Analysis, which is responsible for preparing the official GDP data that impacts major market benchmarks like the S&P 500 Index and the SPDR S&P 500 ETF Trust .
