central bank: But investors remained cautious ahead of the potentially game-changing central bank policy decisions. A Federal Reserve statement on Wednesday will be scoured for clues on when the U.S. central bank will curb its bond-buying stimulus program that has supported global markets. , according to Reuters. U.S. economic growth, as measured by gross domestic product, unexpectedly accelerated in the second quarter by 1.7 percent at an annual rate, the government said. Economists had expected a 1.0 percent gain. NEW YORK - Stocks and the dollar rose on Wednesday ahead of three key central bank announcements after data showed the U.S. economy grew faster than expected in the second quarter On Thursday, attention will switch to European Central Bank and Bank of England policy meetings and data on global manufacturing activity, followed by the always keenly awaited U.S. employment report on Friday.
(www.immigrantscanada.com). As
reported in the news.
Tagged under central bank, Federal Reserve topics.
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