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Revisiting the Recovery

 

Weekly Economic Commentary

August 5, 2013 - Last week's data deluge did not change our view (or the markets') about the economy or the Fed. We still expect modest 2.0% real DP growth in 2013.

We believe the labor market is still growing quickly enough to allow the Fed to begin to taper its bond-buying program known as quantitative easing sometime this fall.

 

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