From Merrill Lynch: The data lifted 1Q GDP tracking by 0.4pp to 1.3% qoq saar. [Feb 28 estimate]emphasis added From Goldman Sachs: We lowered our Q1 GDP tracking estimate by two tenths to +1.1% (qoq ar), reflecting a larger expected drag from inventories. [Feb 27 estimate] From the NY Fed Nowcasting Report The New York […]
source https://thebtrader.com/2020/02/28/q1-gdp-forecasts-1-1-to-2-6/?utm_source=rss&utm_medium=rss&utm_campaign=q1-gdp-forecasts-1-1-to-2-6
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