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


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“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.”