The upcoming advance reading of US Q1 GDP growth holds significance for the Federal Reserve’s decision-making on interest rates and for the Bank of Japan’s potential intervention in the USD/JPY market. Stronger-than-expected growth may delay rate cuts, while weaker growth could suggest the need for earlier easing. The market consensus estimate for annualized GDP growth is 2.5%, with expectations ranging from 1.0% to 3.1%. Goldman Sachs forecasts growth at 3.1%. Data that falls outside of these expectations can have a significant impact on markets.