U.S. Faces Stagnation Period Until Budget Cuts, Fed Adviser Prescott Says

2 September 2010, 3:29 am

The U.S. economy is likely to experience a period of stagnation until the country reduces its debt, according to Edward Prescott , senior monetary adviser to the Federal Reserve Bank in Minneapolis.... Read More »

More Topics from "News"

• Arizona high school football rewind - Week 2
• Innovation helping Arizona companies succeed
• Cross Country. ASU Cross Country Prepares for 2010 Season with Run at Kyte Invite
• Ross Brings Town Hall to Hamburg
• UPS freighter crash probe under way
• UPS Freighter-Crash Probe Under Way in UAE After Two Are Killed
• Barton top District 5 representative vote-getter
• UPS Freighter Crashes on Takeoff in Dubai, Kills Two
• Arizona plan calls for new, improved rail services