Daily news and opinion from le Chat Marchet
October 14th, 2008 at 6:37 am

Former Fed chief says U.S. now in recession (Reuters)

Posted in: Uncategorized

Former Federal Reserve Chairman Paul Volcker addresses business leaders at the Spruce Meadows round table on Global Banking in Calgary, September 5, 2008. (Todd Korol/Reuters)Reuters - Former Federal Reserve Chairman Paul Volcker said on Tuesday the U.S. housing market faced more losses and the world’s biggest economy was now in recession.


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