A faster-than-expected pace of recovery in the second quarter contributed to a modest improvement in expectations for full-year 2020 economic growth, the Fannie Mae Economic and Strategic Research (ESR) Group said Tuesday. Despite the recent resurgence in COVID-19 cases – and the potential for localized measures that may slow otherwise re-opening economies – the ESR Group upgraded its forecast for…

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Economic Outlook Improves Modestly, Says Fannie Mae


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