|
Prev Blog << |
Read thru the headlines |
Next Blog >> |
 |
Category: Finance and Credit Current Grade: A Total Views: 1162 Member Comments: 0 |
Posted on: 11/25/2007 Posted by: Jeff_Tumbarello Blog Points: 5344 View all blogs >> |
Read thru the headlines
see's economic slowdown into 2008--meaning we are in an economic slowdown now
what is an economic slowdown---recession
we are already there
with that election thing out their, its better not to say the word
JT
NEWS ALERT
from The Wall Street Journal
Nov. 8, 2007
Fed Chairman Ben Bernanke said that while the most recent data suggest a "resilient" economy, growth should slow "noticeably" this quarter and into 2008 as the housing slump intensifies. In prepared testimony to the Joint Economic Committee of Congress, he said he expects the economy to strengthen later next year, and that the Fed's recent rate reductions have put risks to growth and inflation roughly in balance. His remarks suggest that, from a broad economic perspective, another rate reduction in December is unlikely, though he left the door open for future moves.
For more information, see: http://wsj.com/article/0,,SB119452853756986479,00.html?mod=djemalert
see's economic slowdown into 2008--meaning we are in an economic slowdown now
what is an economic slowdown---recession
we are already there
with that election thing out their, its better not to say the word
JT
NEWS ALERT
from The Wall Street Journal
Nov. 8, 2007
Fed Chairman Ben Bernanke said that while the most recent data suggest a "resilient" economy, growth should slow "noticeably" this quarter and into 2008 as the housing slump intensifies. In prepared testimony to the Joint Economic Committee of Congress, he said he expects the economy to strengthen later next year, and that the Fed's recent rate reductions have put risks to growth and inflation roughly in balance. His remarks suggest that, from a broad economic perspective, another rate reduction in December is unlikely, though he left the door open for future moves.
For more information, see: http://wsj.com/article/0,,SB119452853756986479,00.html?mod=djemalert
