Bumper GDP growth brings good news - but probably cements a big rate hike in July | Fin24 - News24

Much stronger-than-expected GDP numbers in the first quarter included good news about manufacturing and investing in the economy.

The much stronger-than-expected economic growth in the first quarter may have guaranteed another 50-basis-point hike in interest rates next month. Real gross domestic product (GDP) grew by 1.9% from… [+88 chars]

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