Fed Vice Chair Kohn made statements in a university speech today which were again pointing to the end of 2009 as a salient point in the slowdown of the recession.
It favorable news but at this point I don't really believe anyone.
Reuters: Fed's Kohn - signs economy may stabilize in 2009
"may be an early indication that conditions are falling into place for real GDP to decline at a slower rate in the second quarter and to stabilize later this year..."
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