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

April 22, 2015 1:41 PM

54 0

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.

Read more

To category page

Loading...