The Congressional Budget Office is forecasting the slowest real recovery in the post-war era, and given trend inflation which does not rise above 2 percent, the slowest nominal recovery in the postwar era.
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As 2011 kicks into gear, what's here to great us? A state unemployment rate that just inched up a notch to a record-matching 8.8 percent in November. A year ago we worried when it was 7.5 percent.
I sat down recently with Peter Kraus. In December, at the height of the market turmoil, he became Chair and CEO of Alliance/Bernstein of New York, one of the world's largest asset management firms.
WASHINGTON — The Federal Reserve expects the economy to improve in coming months, even as policymakers downgraded their outlook for all of 2009 ...
WASHINGTON — First the good news: The worst of the painful housing slump and the credit crunch might come to an end this year. Now the bad: The ...
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