US economic growth is less than expected - second quarter
Economies.com
2016-07-29 12:33PM UTC
Released from the US economy at 12:30 GMT, the initial reading of GDP for the second quarter, which recorded a rate of 1.2%, below expectations, which indicated a growth rate of 2.6%, slightly better than the first quarter that recorded a rate of 0.8% after the adjustment of the growth rate of 1.1%.
This is a negative statement for the USD.
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