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Atlanta Fed Q1 GDP now +2.8% vs +2.3% prior

  • 2.8% vs 2.3% within the March 29 launch

The Atlanta Fed stated:

After this morning’s releases from the US Census Bureau and the Institute
for Provide Administration, the nowcasts of first-quarter actual private
consumption expenditures development and first-quarter actual gross personal
home development elevated from 2.6 p.c and three.1 p.c,
respectively, to three.2 p.c and three.9 p.c.

This indicator had been monitoring decrease but it surely’s bounced again above the two.0% consensus with this version.

This text was written by Adam Button at www.forexlive.com.

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