NY Fed: GDP Nowcast remains unchanged at 2.5% for Q4

Eren Sengezer FXStreet

"The New York Fed Staff Nowcast stands at 2.5% for 2018:Q4 and 2.1% for 2019:Q1," the Federal Reserve Bank of New York reported on Friday. "News from the JOLTS, ISM nonmanufacturing, and CPI releases left the nowcast for both quarters 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.

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