You are here

Fed lacks power to deal with next US contraction: economist


THE US economy is driving along without much insurance for when it crashes. Almost six years since the bottom of the last recession, the world's largest economy lacks the monetary and fiscal power to reverse the next contraction as threats to sustained growth build.


Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom