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The Crux of the Fed Tapering Debate Boils Down to the Likely Future Growth Rate

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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The long-term growth rate of U.S. real GDP has been decelerating.  Real GDP expanded at a 4.0% annualized growth rate over the 25 years to the fourth quarter of 1974 and 3.3% per annum over the ensuing quarter century to 4Q99.  Since end-1999, GDP has climbed at a 1.7% annualized rate including 1.8% over the [...]

larrygreenberg @ June 25, 2013

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