Tuesday, March 26, 2013

Reuters: US Dollar Report: Fed's Fisher: U.S. economy starting to move, not acclerating

Reuters: US Dollar Report
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Fed's Fisher: U.S. economy starting to move, not acclerating
Mar 26th 2013, 06:11

ABU DHABI, March 26 | Tue Mar 26, 2013 2:11am EDT

ABU DHABI, March 26 (Reuters) - The U.S. economy is beginning to move forward slowly but not accelerate, a senior U.S. Federal Reserve official said on Tuesday.

Dallas Fed President Richard Fisher, speaking at a financial conference in the United Arab Emirates capital, also said he was confident that the U.S. economy would keep growing at its current 2 to 3 percent pace.

He described this week's international rescue plan for indebted Cyprus, which involves penalising big depositors at its banks, as unique, since the island was a depository for hot money.

But he added that the difficulty with the rescue was what it signalled to other depositors around the world, since depositors ran economies.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.