A Positive Surprise From US Q4 GDP
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US real GDP growth accelerated from an annualized rate of 2.3% q/q in Q3 to 6.9% q/q in Q4. This figure is above expectations of 5.5% q/q, and brings the 2021 GDP growth rate to a 37-year high of 5.7% y/y. Consumer and business demand was robust in the fourth…
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