Jul 21, 2010

US Growth Will Slow To 1.5 Percent In The Second Half

"US growth will slow to 1.5 percent in the second half of 2010 and into 2011, the New York University economist wrote in the Australian Financial Review newspaper. The slowdown will feel like a recession, Roubini said.

The outlook for the euro zone is worse than the U.S. and growth may be close to zero by the end of the year, he wrote."

in Bloomberg