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Quarterly economic growth in US exceeds forecast
Finance
- 28 October, 2016
- 14:12
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Baku. 28 October. REPORT.AZ/ This year, the US economy actually grew by 2.9% in third quarter.
Report informs citing the Bloomberg, analysts suggested economic growth at 2.5%.
Notably, the US economic growth in the second quarter was 1.4%.
Analytical Group of Report believes, acceleration of economic growth can be considered as main reason for the the increase in discount rate by Federal Reserve System (FRS): "After the announcementof indicators, as an analytical we expect the dollar to strengthen."
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