Economy to rebound in second quarter; strong dollar a threat: Reuters poll

April 22, 2015 1:41 PM

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Economy to rebound in second quarter; strong dollar a threat: Reuters poll

WASHINGTON (Reuters) - U.S. economic growth is set to rebound in the second quarter, but a strong dollar could slow momentum and push the first interest rate hike from the Federal Reserve to later this year, a Reuters poll found.

Growth braked sharply at the start of 2015 as the economy was slammed by harsh winter weather, weak global demand and a now-settled labor dispute at West Coast ports. Activity was also constrained by the dollar as well as lower energy prices, which have hurt corporate profits.

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