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Rupkey, Economist, Says Second-Quarter Growth 'Near Potential'

Rupkey, Economist, Says Second-Quarter Growth 'Near Potential'

Rupkey, Economist, Says Second-Quarter Growth 'Near Potential'

Christopher Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi, and Jay Mueller, who manages about $3 billion of bonds at Wells Fargo Capital Management, talk with Bloomberg's Kathleen Hays about the outlook for U.S. economic growth, the May employment report and Federal Reserve monetary policy. The U.S. gross domestic product grew at a 0.6 percent annual rate in the first quarter, the slowest pace in more than four years. The gain was lower than the 0.8 percent rate economists had forecast and less than the government's previous 1.3 percent estimate. (Source: Bloomberg)

Bloomberg | May 31, 2007Watch more videos from Bloomberg

Tags:. .four. .forecast. .rate. .manages. .management

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