Nowcast, GDPNow 2nd Quarter Forecasts Narrow Slightly: What’s Ahead?

MishTalk

On Friday, both the Atlanta Fed and New York Fed updated their GDP 2nd quarter forecasts. The FRBNY Nowcast remained at 1.9% while GDPNow dipped to 2.7% narrowing a once gigantic spread to 0.8 percentage points.

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