The U.S. economy is in a ‘sweet spot’. But markets may be getting one thing
wrong, says Goldman Sachs.
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Investors are possibly too pessimistic on the likely pace of Fed rate cuts
34 minutes ago
LONDON to HOLLAND & EU Countries.
Bernanke could use his speech not only to lay out monetary options but also be the "warm-up" act for President Barack Obama 's unveiling of his jobs package in September . He could convince politicians they must join in lifting growth.
ReplyDelete"Anything beyond this would run the risk of the Fed building another costly bridge to nowhere." El-Erian said in an economics blog on Thursday.
(Editing by Leslie Adler)