Commentators cite Atlanta Fed model projecting ~5% third-quarter growth
Speakers said the Atlanta Fed's GDP nowcast implies roughly 5% growth for the third quarter and tied that projection to a positive economic message ahead of the midterms.
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Commentators noted that other indicators—specifically the Atlanta Fed's GDP nowcast—show robust third-quarter growth, which they said bolsters an optimistic economic narrative. Kevin said "the Atlanta Fed GDP now says the 3rd 0.25 growth is gonna be about, 5%," framing the projection as confirmation of strong growth.
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