Advertisement
New Zealand markets closed
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NZD/USD

    0.5887
    -0.0019 (-0.32%)
     
  • NZD/EUR

    0.5527
    -0.0018 (-0.32%)
     
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • OIL

    82.92
    +0.19 (+0.23%)
     
  • GOLD

    2,407.40
    +9.40 (+0.39%)
     
  • NASDAQ

    17,069.61
    -324.71 (-1.87%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    37,847.32
    +71.94 (+0.19%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • NZD/JPY

    90.9850
    -0.2690 (-0.29%)
     

U.S. economy grows, bolsters case for rate hike

The U.S. economy grew by 3.7 percent during the second quarter. Economists differ on how the GDP data will impact the timing of an interest rate hike by the Federal Reserve. Shartia Brantley reports.