US rate rise in December after GDP figures

27 July 2018

 

In a week less pre-occupied with trade disputes and geopolitics, the focus of the week for many bond market observers, investors and economists was the US June quarter GDP figures. The US Commerce Department has now released second quarter (Q2) 2018 “advance” GDP estimates on Friday night Australian time and they indicate the US economy grew at an annualised growth rate of 4.1%. This estimate is the first of four...

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