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US GDP only 0.5% – weak but with silver linings

The US economy grew by an annualized pace of only 0.5% in Q1 2016. That is comparable to around 0.1% q/q. It is not only low but below expectations. However, there are a few silver linings. For example, the deflator surprised to the upside with 0.7% instead of 0.6% expected. Also the Core PCE Price Index […]

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US GDP only 0.5% – weak but with silver linings