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U.S. Economy Grew Faster Than Thought

UPGRADE

Just 2.1 percent though.

The Commerce Department said Tuesday that the U.S economy grew faster in the third quarter of 2015 than it previously estimated. The revised estimate pegged growth at 2.1 percent, up from the reported 1.5 percent. The growth was driven by businesses stocking up on inventories, but the rate is still considered anemic enough to possibly keep the Federal Reserve from raising interest rates during its next meeting.

Read it at Reuters

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