Tuesday, June 19, 2007

'Near-recessionary' U.S. growth until '08-report

(Reuters) - Exports, business investment and wealthy consumers will
help propel the recovery from below-trend growth through the
first quarter of next year, according to the outlook by the
UCLA Anderson Forecast unit.




The economic forecasting unit sees the Federal Reserve as
hesitant to lower interest rates despite the first quarter's
weak growth and an outlook for "continued softness" this year
while core inflation holds above its "comfort zone."


Read more at Reuters.com Bonds News

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