NEW YORK -- U.S. third-quarter gross domestic product growth data will likely be revised lower, reflecting a more moderate economic rebound than many economists expect, Mohamed El-Erian, chief executive officer of Pacific Investment Management Co said on Friday.
In a CNBC television interview, he said the 3.5 percent GDP boost last quarter reported on Thursday was in part due to temporary stimulus, adding he saw 3 percent growth in the third and fourth quarters.
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