Robert Rubin was Secretary of the Treasury during the Clinton administration. Speaking at a conference in Shanghai:
US
economy still has momentum but it has slowed someWe still have some reasonable growth, it is slowing but I think
the Fed is doing about the right thing
Earlier on we heard from a Fed official:
Fed’s Daly says need to cut rates because economy slowing, inflation falling
This article was written by Eamonn Sheridan at www.forexlive.com.
