The economy is already recovering from recession and will get stronger in 2010, Federal Reserve Vice Chairman Donald Kohn said today in St. Louis. The recovery is being driven by a slowing of inventory liquidation and an improvement in home building, he said.

However, like…

Tommy Thompson, who was secretary of health and human services during President George W. Bush’s first term, predicts that Congress will pass a health-care bill this year that includes the so-called public option.

Speaking at the National Association for Business Economics…

The programs at the National Association for Business Economics annual meeting are filled with competing points of view. James Bullard, for example, said the output gap may be smaller than most economists believe, while Mark Zandi of Moody’s Economy.com invoked the notion…

Members of the National Association for Business Economics think that the recession is over, but that the unemployment rate will remain almost as high a year ago from now as it is now today. Those are the highlights of a…

Presidential adviser Larry Summers started his speech in St. Louis today on an optimistic note, discussing the economy’s improvement in the past few months, but he quickly switched to talking about ways in which the glass is half empty. Summers,…

In London, “mind the gap” announcements remind subway travelers to be careful of the space between the train door and the platform. James Bullard, president of the St. Louis Federal Reserve Bank, reminded economists Sunday to be careful about how they…

The latest survey from the National Association for Business Economics has some good news and some bad news about the macroeconomic outlook. A majority (74 percent) of the 45 participating economists think the recession will end by the third quarter…