June rate rise unaffected by US GDP figures

27 April 2018

 

While economic data has been largely pushed out of the spotlight recently by Korean peninsula geopolitics, life for economists, investors and traders still goes on. The US Commerce Department released first quarter (Q1) 2018 “advance” GDP estimates on Friday night Australian time and they indicate the US economy grew at an annualised growth rate of 2.3%. This estimate is the first of four estimates and subject to three more revisions...

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