The Atlanta Fed raised its third quarter growth projection for the U.S. economy on Tuesday, citing latest economic data including the ISM indexes.Real gross domestic product growth estimate, based on the Atlanta Fed's GDPNow model, was lifted to 2.9 percent from 2.5 percent predicted on August 1."After recent releases from the US Bureau of Labor Statistics, the US Census Bureau, the US Bureau of E...
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.