NY Fed's GDP Nowcast for 2019:Q2 unchanged at 2.1%

"The New York Fed Staff Nowcast stands at 2.1% for 2019:Q2," the Federal Reserve Bank of New York announced in its latest Nowcasting Report.

"News from this week's data releases left the nowcast for 2019:Q2 broadly unchanged."

"Negative surprises from the ISM manufacturing survey were largely offset by positive surprises from personal consumption and employment data."

Fed's Evans: Recalibrating the stance of policy is essential but I'm still in the data monitoring phase

While speaking at a conference in Stockholm, Chicago Fed President Charles Evans argued that some temporary factors were behind the recent slowdown in
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US: labor market remains strong, wage growth should pick up again - Wells Fargo

The April employment report showed that the US economy created 263K jobs, above expectations. According to analysts at Wells Fargo, the data shows the
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