US December GDP “surprisingly resilient”

28 February 2019

 

US consumer sentiment figures from December and January have painted a less-than-bright picture of US economic prospects in the near term. Accordingly, bond yields have fallen and the official rate rises are off the table. However, the latest US GDP figures for the December quarter don’t appear to be quite so bleak. The US Commerce Department has released December quarter “advance” GDP estimates and they indicate the US economy grew...

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