The U.S. economy appears to be on a sustainable growth path

February 28th, 2011|by Michael Ashley Schulman, Perspectives, The Big Picture|

The U.S. economy appears to be on a sustainable growth path while the euro zone remains mired in debt emergencies, largely because of its much weaker policy response. Therefore, rate increases by the European Central Bank (ECB) at this stage would be a policy mistake, but that is not to say that they won’t raise […]