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Jan 27 2012

U.S. Economy Grows 2.8% in Q4, But Not Enough to Keep the Rally Going

Posted by: yahootechticker in Yahoo Tech Ticker

The Fed’s announcement it will leave rates at zero until “at least” the end of 2014 makes a bit more sense in light of Friday’s advanced fourth-quarter GDP report. The U.S. economy grew 2.8% in the fourth quarter, the strongest since the second quarter of 2010 and up from 1.2% in the prior three quarters. [...]

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