ASSESSMENTS
U.S. Economic Growth: Calling out the Naysayers
Jul 28, 2006 | 21:04 GMT
Summary
The U.S. government's preliminary estimate for second-quarter gross domestic product growth came in at an annualized rate of 2.5 percent, a solid figure that market commentators said was disappointing and would therefore lead the Federal Reserve to stop raising interest rates. Wrong.
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