By martin khor The turmoil of currency decline and capital flight in several developing countries continued, and a re-look into capital controls, Malaysian-style, may be worthwhile. AS the Year of the Horse was ushered in amid Chinese New Year celebrations last week, economic uncertainties continued. The turmoil of currency and […]
Tag: Federal Reserve
Consumer Spending Propelled U.S. Fourth-Quarter Growth: Economy
Consumer spending that rose at the fastest pace in three years helped the U.S. economy grow at a 3.2 percent pace in the fourth quarter, overcoming government cutbacks and laying the foundation for a stronger expansion. The rate of growth in the world’s largest economy followed a 4.1 percent advance […]
Consumer Spending Propelled U.S. Fourth-Quarter Growth: Economy
Consumer spending that rose at the fastest pace in three years helped the U.S. economy grow at a 3.2 percent pace in the fourth quarter, overcoming government cutbacks and laying the foundation for a stronger expansion. The rate of growth in the world’s largest economy followed a 4.1 percent advance […]
