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Thursday, August 25, 2016

US Fed's George says there's every reason to expect 2016 US GDP growth of 2%

The Kansas Fed head Esther George speaking on CNBC 25 Aug 2016
  • 3% GDP possible in H2
  • beginning to see US wage growth so that consumer will be able to spend
  • it is time to raise rates gradually, we can remove accommodation
Bullish tones from George just helping to give the greenback another helping hand.

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