Tue, Feb 27, 2024
US Treasury Secretary Janet Yellen said the International Monetary Fund and other forecasters had projected a broad-based slowdown in the global economy in 2023 that did not happen.
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Fri, Jul 27, 2018
The US economy grew at a 4.1 per cent rate, the strongest pace in nearly four years during the second quarter, powered by a rebound in consumer spending, exports and firm business investment, the Commerce Department said on Friday. US President Donald Trump cheered the numbers, holding an improm
Fri, Mar 31, 2017
Banks and energy led U.S. stocks higher as oil prices rose and U.S. gross domestic product annualised growth was revised up to a 2.1% rate from 1.9%. Growth in consumer spending, which accounts for more than two-thirds of U.S. economic activity, was also revised upward.
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