Monday, April 20, 2009

Volcker says economy recovery a "long slog"

"going to slow." That implies the rate of decline has not slowed. Volcker says economy recovery a "long slog": "NASHVILLE, Tenn (Reuters) – Paul Volcker, senior economic adviser to President Barack Obama, said on Saturday that the U.S. economic recovery will be a 'long slog' but that the rate of decline 'is going to slow.'"

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