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US recovery will happen this time: BofAML

Its research chief expects US GDP growth to be 3%

[SINGAPORE] This time, the much-touted US recovery story is to be believed, says Ethan Harris, Bank of America Merrill Lynch's co-head of Global Economics Research.

"If you had asked me a year ago, I would've said don't believe the data, because the fiscal cliff was hitting," Mr Harris told BT recently in an exclusive interview. "We know data can just be randomness - it can look good for awhile, then bad for awhile. But as an economist, you become most bullish when the story and the data align with...

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