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Atlanta Fed GDPNow Has 1.9% For Q2

US DATA
  • The Atlanta Fed puts GDP growth at 1.9% annualised in the first of its GDPNow estimates for Q2, based on earlier personal incomes and outlays.
  • Its final estimate of 0.37% for Q1 had been below the 1.0% Bloomberg consensus but was still caught out by yesterday’s -1.4% decline.

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