Saturday, April 18, 2009

Fed officials suggest worst of recession is over

Paul Volcker, a senior economic adviser to the Obama administration and a former Fed chairman himself, said the rate of the economy's decline is set to slow.

Voltron says: That's supposed to inspire confidence? Actually, I'd expect the rate to slow as we settle into the long slow slide like Japan had.

http://finance.yahoo.com/news/Fed-officials-suggest-worst-rb-14964702.html?.v=4

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