Vincent Reinhart News
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When former Federal Reserve Chairman Alan Greenspan was set to retire, his final appearance in 2005 at the Fed’s annual symposium in Jackson Hole, Wyoming, became a celebration of his legacy.
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Carmen Reinhart and Ken Rogoff have not given a satisfying defense against the accusation that their blockbuster 2010 paper on growth is built on a data error.
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Infosys Ltd., the Indian software developer which plunged last week after forecasting sales that lagged estimates, may struggle to win clients as U.S. President Barack Obama’s $85 billion in spending cuts prompts companies to rein in spending.
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Bearish forecasts for the U.S. economy are giving way to more upbeat views of the nation’s ability to weather federal spending cuts and tax increases.
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Federal Reserve Chairman Ben S. Bernanke should assure investors next week that “he’ll do whatever it takes” to stimulate the slowing economy, said Vincent Reinhart, chief U.S. economist at Morgan Stanley.
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The Federal Reserve will resume its bond purchases at some point in a strategy known as quantitative easing to bolster the economy because it wants to maintain credibility, said Vincent Reinhart , a former monetary affairs director at the U.S. central bank.
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The Federal Reserve “wants more inflation” as it seeks a sustained recovery for an economy possibly nearing stall speed, said Vincent Reinhart, chief U.S. economist at Morgan Stanley.
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Odds are about 50 percent that the Federal Reserve will buy additional assets to keep its balance sheet stable and stimulate a slowing U.S. economy, said Vincent Reinhart , a former director of monetary affairs at the Fed.
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The U.S. economy will probably expand at a moderate pace this year and next, in part because fiscal tightening will weigh on growth, according to Vincent Reinhart, chief U.S. economist at Morgan Stanley.
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Vincent Reinhart, chief U.S. economist at Morgan Stanley, said the U.S. slipping over the so- called fiscal cliff at the end of the year may be acceptable if it allows U.S. politicians a few extra weeks to come up with a budget deal.
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