Fx Primus Rebates

New York Fed Q1 GDP Nowcast 2.77% vs 2.71% prior

The latest tracking estimate from the New York Fed The tracking estimate for Q1 was bumped to 2.77% from 2.71%. “The positive impact of parameter revisions and a positive surprise from the ISM Prices index were mostly offset by negative surprises from nonfarm payroll employment and the ISM Employment index,” the NY Fed said in…