NY Fed's GDP Nowcast for second-quarter rises to 1.5% from 1.4%

"The New York Fed Staff Nowcast stands at 1.5% for 2019:Q2," announced the Federal Reserve Bank of New York in its latest Nowcasting Report.
"News from this week's data releases increased the nowcast for 2019:Q2 by 0.1 percentage point."
"Positive surprises from prices data and data revisions accounted for most of the increase."
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.

















