News

US is heading out of recession - Greenspan

28/02/2002

In one of the first signs that the US economy could be on its way to a recovery, the chairman of the US Federal Reserve, Alan Greenspan, said on Wednesday, February 27, 2002, that he believed the economy was close to a turning point. He predicted that growth would resume at some point in 2002 after a short and shallow recession.

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