Fed: World will feel U.S. slowdown »

Posted By DiffeeOnline 1 year, 5 months ago in Business & Finance

U.S. exports have been helped by a weaker dollar and this is providing a boost to an otherwise weak economy, Federal Reserve Bank of Atlanta President Dennis Lockhart said on Saturday.

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    simonsez1 year, 5 months ago

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    The market seems to be projecting a recovery in the making, a mild turn-down (if there actually is one) and a strengthening dollar.

    Paraphrasing the old "what's good for GM is good for the USA"

    "What's good for the USA is good for the world".

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