"News from this week’s data releases increased the nowcast for 2021:Q1 by 0.1 percentage point and increased the nowcast for 2021:Q2 by 0.2 percentage point," the NY Fed noted in its publication. "A positive surprise from housing data drove the increase in both quarters."
The US Dollar Index paid little to no attention to this report and was last seen losing 0.2% on the day at 91.10.
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