Market Currents
The initial estimate shows GDP in the OECD area fell 0.2% in Q4 - the first decline since Q1...
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Tuesday, February 19, 2:47 PM ETThe initial estimate shows GDP in the OECD area fell 0.2% in Q4 - the first decline since Q1 2009. No surprise, the EU - where even Germany declined 0.6% - led the way. The worst performance among the top 7 economies was Italy, -2.7%. The best? Where else, but the U.S., +1.5% (the U.S.'s own initial estimate is a 0.1% decline).
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