NEW YORK, April 27 J.P. Morgan on Thursday pared its estimate on U.S. economic growth to a 0.3 percent annualized rate in the first quarter from a 0.4 percent pace following weaker-than-expected data on durable goods orders and advance data on the goods trade balance in March.
The bank's economists said in a research note they left their outlook on the U.S. gross domestic product in the second quarter at 3.0 percent. (Reporting by Richard Leong; Editing by Chizu Nomiyama)
BRIEF-FFP places EUR 155 mln in 8 yr bonds
* PLACEMENT CONSISTS OF €155 MILLION OF BONDS MATURING IN JULY 2025 PAYING AN ANNUAL COUPON OF 2.500%.