Jun 16, 2010

US Will Avoid A Double Dip

In an interview to CNBC-TV18, Roubini said that the United States is going to avoid a double dip recession. However he warned that in the second half of the year the growth is likely to be below 2%. With a negative outlook for the second half, he said the US economy may be hit by high unemployment rate, fall of housing markets in terms of prices and large budget deficits.
in CNBC India