Amid sluggish first quarter growth and an absence of inflation, the central bank is taking its time in raising interest rates and is unlikely to raise rates this summer. (blackrockblog.com)
But analysts took comfort in the fact that the gain was the smallest third - quarter growth rate in 12 years, and that follows the smallest gain in a decade the previous quarter. (canadianbusiness.com)
Real GDP grew at a seasonally adjusted annual rate of 2.5 %, revised up from the advance estimate last month of 1.7 % second quarter growth. (eyeonhousing.org)