08/06/2001
Last week the government reported that the economy grew by 0.7% in Q2. Why are some analysts still talking about a recession? Doesn't a recession mean that GDP has declined for 2 or more quarters?
08/06/2001
I recently read that the White House has trimmed it's budget surplus forecast for this year from $280 billion to $160 billion. What happened?
08/06/2001
Why has the Treasury introduced 4-week Treasury bills? I thought the government was running a budget surplus and paying down the debt?
08/06/2001
The Federal Reserve has cut interest rates very aggressively this year, 275 basis points in 6 months. Why hasn't the economy responded?