Fed's McTeer - US GDP growth slower in Q2 than Q1

US - Dallas Federal Reserve President Robert McTeer said on Thursday he expects U.S. gross domestic product to grow more slowly in the current quarter than in the first three months of the year.

"I suspect the headline GDP will be between the last two quarters," McTeer told an economic conference. In the first three months of 2002, GDP grew at an annual rate of 5.8 percent after advancing 1.7 percent in the final quarter of 2001.

In addition, McTeer said he did not expect the U.S. jobless rate to

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