Economic activity in the U.S. grew by more than previously estimated in the fourth quarter of 2017, according to a report released by the Commerce Department on Wednesday. more...
Trading the News: U.S. Gross Domestic Product (GDP) Updates to the 4Q U.S. Gross Domestic Product (GDP) report may heighten the appeal of the greenback as the fresh revision is expected to show the economy growing an annualized 2.7% versus an initial forecast of 2.5%. Signs of stronger-than-expected activity may encourage the Federal Open Market Committee (FOMC) to deliver one rate-hike at every quarterly meeting, and Chairman Jerome ...
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