NEW YORK FED BOOSTS Q3 GDP OUTLOOK The New York Fed raised its Q3 2026 GDP growth forecast to 2.3%, up from 2.14%. The upgrade was driven by stronger-than-expected building permits and the Philadelphia Fed Manufacturing Survey. The Fed sees a 50% probability range of 1.1%–3.4%, while the wider 80% range stands at 0.0%–4.5%.(*Walter Bloomberg)