New York Fed: GDP growth forecast for Q3 falls to 2.2% from 2.3%

"The New York Fed Staff Nowcast stands at 2.2% for 2018:Q3 and 2.8% for 2018:Q4," the Federal Reserve Bank of New York reported on Friday and added: "News from this week's data releases left the nowcast for both 2018:Q3 and 2018:Q4 broadly unchanged."
Author

Eren Sengezer
FXStreet
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

















