Topic: Bruce Kasman
The U.S. economy grew at 5.7% annual rate in the fourth quarter, marking the highest rate of GDP growth since 2003. However, most earlier estimates of the GDP growth ranged from 2.8% to 4.5% taking those predictable factors ...
Large banks see slow recovery from recession's end in late summer, unemployment to stay highThe nation's largest banks expect the economy to recover from its deep slump by late summer but remain weak until next year. "The economy will return ...
The United States should emerge from recession in the third quarter of this year but will continue to reel from high unemployment and budget deficits, economists from top banks forecast Tuesday. "The economy will return to growth but not to health," said ...
Treasury Secretary Timothy Geithner's strategy to fix the banks was received with " While the market suffered over Geithner's sins of omission, the Federal Reserve's credit-flowing facilities got a bit of praise during the week. Kasman says the expansion of ...
London shares today staged a surprise rally after a wave of selling following yesterday's huge rate cut drove the market down nearly 6% last night.. A further half-point cut from Governor Mervyn King's monetary policy committee is now expected by ...