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- Fed’s Lockhart on Economic Slowdown
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From Atlanta Fed President Dennis Lockhart: Remarks on Economic Slowdown, Market Fallout, and the Path to Financial Recovery. Here is his conclusion: My base case forecast for the economy involves a stronger-than-expected first half of 2008 with growth of 1 to 2 percent but not much pickup in the second half. The drag of high energy costs, continuing financial market stress, and a still-declining…
Original Source
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1 July, 2008| housingblogs |
@ 23:14