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

content provided with permission by 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.”