New York Fed lowers tracking estimate for GDP
– The Q2 forecast was also lowered to 2.1% from 2.7%
"The changes in the nowcast were mainly driven by a negative surprise from retail sales," the release said.
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New York Fed lowers tracking estimate for GDP
– The Q2 forecast was also lowered to 2.1% from 2.7%
"The changes in the nowcast were mainly driven by a negative surprise from retail sales," the release said.