News

The NY Fed GDP Nowcast remains at 1.4% in the current week

Actually moved from 1.36% to 1.39% but rounded it remains at 1.4%

The NY Fed GDP Nowcast estimate for 2Q GDP remains unchanged at 1.4% in the current week. Below are the contributions and subtractions from the data over the last week.

They also estimate the Q3 and that has fallen to 1.3% from 1.7% last week.

The 3Q GDP estimate has been lowered to 1.3% from 1.7%

Articles You May Like

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD and USD/CAD
Heads up: UK monthly GDP data for May due at the bottom of the hour
The art of the deal. Pres. Trump tweeting
Forex Volatility: USD/MXN Climbs as Key Official Urzua Resigns
Forex Trading Live: Up $122.82 – Patience Pays! 📈

Leave a Reply

Your email address will not be published. Required fields are marked *