Economy

New York Fed simply leaves U.S. second-quarter, third-quarter GDP view steady


People cross Broadway with bags in Manhattan, New York City, U.S. 12 , 27, 2017. REUTERS/Andrew Kelly

June Nine, 2017

NEW YORK (Reuters) C The New You are able to Federal Reserve said for Friday its keeping track of estimate on A person.S. gross domestic product from the second quarter endured at 2.25 %, compared with 2.17 percent from a week in the past, based on the few fiscal data releases this week.

The regional central lender’s “Nowcast” model showed You actually.S. GDP for that third quarter might expand at a 1.80 percent rate, compared to the 1.82 percent stride it calculated yesterday.

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