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Durable goods, trade data point to pick-up in Q2 growth

The US central bank has said it expects to start winding down its portfolio "relatively soon"

Low-wage workers marching around the New York Federal Reserve urging the Fed not to raise interest rates last month. The labour market is near full employment, with the jobless rate at 4.4 per cent.


NEW orders for key US-made capital goods unexpectedly fell in June, but a fifth straight monthly increase in shipments suggested that business spending on equipment supported economic growth in the second quarter.

Expectations that growth accelerated in the second...

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