US GDP hits 2.8 per cent
Fiscal stimulus measures have pushed the US economy into accelerated growth, though markets had expected better.
The gross domestic product (GDP) ratio of the US has hit 2.8 per cent, a little lower than expected but enough to make it the fastest rate of growth since 2010.
The figure is a strong improvement on the 1.8 per cent GDP growth rate recorded three months ago.
European shares have reacted negatively to the news, as the markets had expected a growth rate of three per cent.
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