World Week Ahead: Focus on US housing, GDP

Sun, 21 Sep 2014

By Margreet Dietz Sept. 22 (BusinessDesk) - A fresh commitment from US Federal Reserve policy makers to maintain its supportive stance for the accelerating pace of growth in the world’s economy has brightened the outlook for Wall Street and the greenback. This Friday, a report is expected to show another upward revision for the US economy’s pace of growth in the second quarter, up from the previously estimated 4.2 percent rate. Meanwhile, finance ministers and central bankers from the Group of 20 said the global economy was “gaining...

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