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Q2 GDP Forecasts: Moving Down

From BofA: We are now tracking 1.5% qoq saar growth for 2Q, down from 2.5% qoq saar previously as retail sales were weak in May. [June 17 estimate]
emphasis added
From Goldman: We left our Q2 GDP tracking estimate unchanged at +2.8% (qoq ar). (Lowered it yesterday from 3.0%) [June 17 estimate]And from the Altanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is 0.0 percent on June 16, unchanged from June 15 after rounding. [June 16 estimate]

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