by Summary:
According to the BEA, the advance estimate of GDP growth in the third quarter is 2.9%, which is a significant improvement on the second quarter (1.4%). So maybe there is no recession in the near future (Neil Irwin might be right about that), which does not mean Yellen should hike the Fed rate in December anyway.
Topics:
Matias Vernengo considers the following as important: GDP, Slow recovery
This could be interesting, too:
According to the BEA, the advance estimate of GDP growth in the third quarter is 2.9%, which is a significant improvement on the second quarter (1.4%). So maybe there is no recession in the near future (Neil Irwin might be right about that), which does not mean Yellen should hike the Fed rate in December anyway.
Topics:
Matias Vernengo considers the following as important: GDP, Slow recovery
This could be interesting, too:
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NewDealdemocrat writes Q2 GDP indicates continued good expansion now, but more storm clouds gathered ahead
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