Harvard’s Feldstein: Fed Can't Pull US Out of 'Danger Zone' of Slow Growth
January 27 — U.S. economic growth may not top 2 percent this year and a third round of quantitative easing by the Federal Reserve would have little effect, said Martin Feldstein, a professor of economics at Harvard University.
“We’re going to have a hard time reaching 2 percent this coming year,” he said in an interview on Bloomberg Television’s “InsideTrack” with Sara Eisen in New York. The economy is still in a “danger zone,” Feldstein said, even as the recession risk “is less now than it was.” Read more.
