Tuesday, November 9, 2010

Volcker Sees No Quick Way To Cut Unemployment

Paul Volcker, a top economic adviser to President Obama, said he sees no short-term way to reduce high unemployment and expects slow growth to continue. The former Fed chairman said the outlook is for "continuing but limited increases in economic activity for the next year or more."

Source: http://www.npr.org/templates/story/story.php?storyId=131184504&ft=1&f=1014

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