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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