


The odds that the U.S. will fall into a recession rose after the economy unexpectedly lost jobs for the first time in more than four years. Speculation that the Federal Reserve will cut interest rates by another half point next month also increased. This report compiles comments last week about the outlook for Fed policy and the economy from Jan Hatzius, chief U.S. economist at Goldman Sachs Group Inc.; Bob Parker, deputy chairman of Credit Suisse Asset Management; Joe Davis, chief economist at Vanguard Group Inc.; Ed Lazear, chairman of the White House Council of Economic Advisers; Nigel Gault, director of U.S. research at Global Insight Inc.; David Resler, chief economist at Nomura Securities International Inc.; Scott Minerd, chief investment officer of Guggenheim Partners LLC; and Jim Rogers, chairman of Rogers Holdings. (Source: Bloomberg)
Bloomberg | February 4, 2008
