The Traderszone Network

Published in TZ Latest News 25 September, 2015 by The TZ Newswire Staff

Stronger U.S. second quarter growth backs case for Fed hike

The U.S. economy expanded more than previously estimated in the second quarter on stronger consumer spending and construction, backing the case for an interest rate rise before the end of the year despite data sounding a note of caution for September. “There had been quite a bit of fear that strong inventory building in Q2 would be unwound in Q3.