Time

🇺🇸 LA
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🇺🇸 New York
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🇬🇧 London
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🇮🇹 Rome
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🇮🇳 Delhi
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🇨🇳 Beijing
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🇰🇷 Seoul
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Thursday, August 5, 2010

US Economy - No Double Dip, No Deflation: RBS - CNBC

US Economy - No Double Dip, No Deflation: RBS - CNBC

Following a number of strong earnings reports that includes encouraging outlook, the economy is not "headed for either a double dip recession or a deflationary malaise," according to Royal Bank of Scotland.

John Richards, the head of North American strategy at RBS, said "We expect GDP growth of at least 3 percent in the coming six quarters and a very slow pick up in inflation." ...

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