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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Negative Q1 US GDP Report Actually Good, According to Economists

May, 04 2017
watermark Economic news

The US economy has recently recorded its slowest growth rate within a three-year period during the first quarter of 2017 after it rose by a rate of 0.7%, a significant decrease compared to the 2.1% rate recorded during the previous quarter. However, some economic analysts are saying that this comparatively weak GDP report is actually a good thing for the country’s economy, since the report is now showing signs that the US economy is ready to push forward again, especially since the wages data looks very encouraging as of the moment.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.