- St Louis Fed Pres Bullard expects U.S. GDP growth of 3.5% in 2013
Market news
15 October 2012
St Louis Fed Pres Bullard expects U.S. GDP growth of 3.5% in 2013
Predicts growth in 2012 at 2%
PCE inflation forecast in this and next year is 2%
The outlook for unemployment 8% in 2012 and 7% in 2013
Inflation forecasts are not cause great anxiety
It's reasonable to expect that the unemployment rate will decline slightly
Europe in recession
The elimination of the European crisis will take many years
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