Friday, May 27, 2016

US economy grew more than expected boosting chances of Fed raising rates

The American economy grew by 0.8 per cent in the first quarter of 2016
- that's according to the latest figures from the US Commerce
Department.


Experts say the growth – stronger than initial figures suggested -
raises chances of the country's central bank increasing interest
rates.


Our US correspondent Radmilla Suleymanova has more.

IN: "As the economic recovery enters"
OUT: SOC
DUR: 51

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