• New York Fed Uplifts Q2 GDP to 2.42%

    Source: Buzz FX / 12 May 2025 08:40:28   America/New_York


    The New York Fed's nowcast for Q2 GDP rose to 2.42%, up from 2.34% last week, offering a welcome backdrop as major equity ETFs claw back losses.
    The Fed's Nowcast model—which factors in retail sales, industrial production and labor‐market i
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