Mortgage holders are likely to be hit with another lift in their monthly repayments if Australia’s Reserve Bank delivers its 10th likely interest rate hike in a row this week, as is widely expected. The nation’s central bank is tipped to deliver another 25 basis point rise after communications following the February decision struck a…
US Economic Growth to Hit Just 0.3 Percent for 2nd Quarter
The U.S. economy is forecast to have grown by just 0.3 percent in the second quarter, says the Federal Reserve Bank of Atlanta. According to the regional central bank’s closely watched GDPNow estimate, this is slightly up from the previous week’s projection of 0 percent. Despite the slight uptick, this is still well below the peak…
Atlanta Fed Estimates US 2nd-Quarter GDP Growth at 0.3 Percent
The U.S. economy is forecast to have grown by just 0.3 percent in the second quarter, the Federal Reserve Bank of Atlanta says. According to the regional central bank’s closely watched GDPNow estimate, that’s slightly higher than the previous week’s projection of zero percent. Despite the slight uptick, this is still well below the peak of…
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