Atlanta Fed: GDPNow forecast model for the second quarter, rising to 3.8%

FXStreet — The GDPNow forecasting model for the real gross domestic product (seasonally adjusted annual rate) climbed to the 30. May from 3.7 percent to 3.8 percent. The forecast for the growth of consumer spending for the second quarter increased from 2.9 to 3.3 percent, the Federal Reserve Bank of Atlanta on Tuesday.

** FXStreet News Editorial, FXStreet**

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