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The American economy grew at an annual rate of 2.3 percent in the fourth quarter, which is weaker than the expected end to the year in which the resistance of American consumers was dominated.
GDP number Thursday from the Bureau for Economic Analysis Compared to 2.6 percent, which is economists who surveyed Bloomberg and 3.1 percent in the third quarter.
It comes the day after the federal reserves held interest rates, and President Jay Powell said that the economy power means that the central bank should not be “rush” to reduce borrowing costs.
The IMF expects the US economy to continue to surpass their peers in Europe, Canada and Japan this year. President Donald Trump’s pledge to reduce taxes has increased the expectations that the growth of the US will remain strong.
The US government bonds were stable after the data, with a two-year yield of 0.02 percentage point lower to 4.21 percent, while the reference 10-year yield was reduced by 0.04 percentage of points to 4.51 percent.
The US future shares that have lingered on their profits, with the contracts followed by S&P 500, increasing 0.3 percent, and those who follow the technologically difficult weighing 100 increase of 0.6 percent.
This is a development story
