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Title: Fed Rate Target
Essay Details
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Business |
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| Date: |
December 27, 2005 |
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| Length: |
4 / 968 |
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Essay text:
Further, the 2.9% rate is a significant decline from the torrid 5.6% growth rate posted in the first quarter. Included with the GDP revision was continued, but declining growth in corporate profits. Corporate spending drove the bulk of the 2.9% increase for GDP, but perhaps problematically, by increasing inventories (Bater)... Showed first 250 characters
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Further, the 2.9% rate is a significant decline from the torrid 5.6% growth rate posted in the first quarter. Included with the GDP revision was continued, but declining growth in corporate profits. Corporate spending drove the bulk of the 2.9% increase for GDP, but perhaps problematically, by increasing inventories (Bater)... Showed next 250 characters
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