United States Personal Consumption Expenditures Prices (QoQ) in line with expectations (-0.4%) in 4Q

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US fourth quarter GDP rose at an annualized rate of 2.2%

The data released by the US commerce department today showed the Real gross domestic product adjusted for price changes, increased at an annual rate of 2.2% in the fourth quarter of 2014, missing the estimate of 2.4%. In the third quarter, real GDP increased 5.0%.
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