Bank for International Settlements

Bank For International Settlements: INTERVIEW-U.S. risks stagflation

Submitted by MichaelVail on Tue, 04/29/2008 - 4:42pm.

BASEL, Switzerland, April 29 (Reuters) - Stagflation is an increasingly plausible prospect in the United States and weak economic growth could last well into 2009, if not longer, the head of the Bank for International Settlements says.

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Bank for International Settlements