This may be damage control to the 300+ stock market drop yesterday. Gotta grow. Grow to what? Doesn't matter, just grow, keep saying it, keep printing it - GROW!!.
IMF raises global growth forecast
http://news.bbc.co.uk/2/hi/business/6916195.stm
25 July 2007
The International Monetary Fund (IMF) has raised its forecast for growth in the global economy for this year.
http://news.bbc.co.uk/2/hi/business/6919277.stm
27 July 2007
The
Growth picks up, inflation tame
http://money.cnn.com/2007/07/27/news/economy/gdp/index.htm
July 27 2007
Economic growth picked in the second quarter while inflation remained tame, the government reported Friday - a balance that could give the Federal Reserve the freedom to cut interest rates if problems in the housing and credit markets put a big dent in growth the rest of the year.
Economy Growth Is Best in a Year
http://www.npr.org/templates/story/story.php?storyId=5649856
July 27, 2007
The economy snapped out of a lethargic spell and grew at a 3.4 percent pace in the second quarter, the strongest showing in more than a year. A revival in business spending was a main force behind the energized performance.
Analysts Expect 3 Percent Economic Growth
http://www.npr.org/templates/story/story.php?storyId=12249354
July 27, 2007
The government will release its first estimate of how fast the economy grew in the second quarter Friday. Economists estimate that the economy bounced back from very slow growth in the first quarter to more than 3 percent in the second.
Capital Structure Flaw of Public Corporations