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Fed's Kocherlakota Sees 'Moderate' Economic Expansion in 2012
www.bloomberg.com
[Bloomberg] - “Given my forecast of moderate GDP growth, I expect the unemployment rate to continue to fall slowly,” Kocherlakota said in a statement to local media posted on the Minneapolis Fed's website today. Kocherlakota predicted joblessness will fall to about
Exports and the US Dollar
www.bullionvault.com
[BullionVault] - My forecast has been as follows: at present rates, the US will see exports as a percentage of GDP climb well above 15%. At such levels, a new set of preferences will emerge. As an economy increasingly composed of exports, the US will then seek to
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