NY Fed's GDP Nowcast stands at 1.5% for Q3 of 2017

"The New York Fed Staff Nowcast stands at 1.5% for 2017:Q3 and 2.5% for 2017:Q4," the Federal Reserve Bank of New York said on Friday.

Key quotes:

News from this week’s data releases left the nowcast for Q3 broadly unchanged and increased the nowcast for Q4 by 0.5 percentage point.
Positive surprises from the ISM surveys outweighed negative surprises from employment data.

Oct 6, 2017

Atlanta Fed: GDPNow model forecast for real GDP growth in Q3 eased to 2.5%

"The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 2.5 percent on October 6, down from 2

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Oct 6, 2017

Fed's Dudley: Still appropriate to continue to remove monpol accommodation gradually

New York Fed President William Dudley recently crossed the wires saying, "even though inflation is currently somewhat below our longer-run objective,

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