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KM Financial Solutions | UPDATE 1-N.Y. Fed sees U.S. Q1 GDP slowing near 3 percent
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UPDATE 1-N.Y. Fed sees U.S. Q1 GDP slowing near 3 percent

18 Jan UPDATE 1-N.Y. Fed sees U.S. Q1 GDP slowing near 3 percent

Posted at 18:16h in News by
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NEW YORK, Jan 19 (Reuters) – The New York Federal Reserve on
Friday reduced its estimate on U.S. gross domestic product
growth for the first quarter of 2018 as a steeper-than-forecast
drop in homebuilding in December offset a stronger-than-expected
increase in industrial production last month.

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