https://freerepublic.com/tag/boloney/ en-us Tue, 8 Jan 2008 20:55:00 GMT Focus Forum 15 https://freerepublic.com/focus/f-news/1950426/posts Recession in the US 'has arrived' Merrill said Friday's employment figures confirmed the recession The feared recession in the US economy has already arrived, according to a report from Merrill Lynch. It said that Friday's employment report, which sent shares tumbling worldwide, confirmed that the US is in the first month of a recession. Its view is controversial, with banks such as Lehman Brothers disagreeing. But a reserve member of the committee that sets US rates warned that it could do little about the below-trend growth expected in the next six months. "I am concerned that developments on the inflation... BBC https://freerepublic.com/focus/f-news/1950426/posts#comment Tue, 8 Jan 2008 20:55:00 GMT