Economy News
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The declining U.S. jobless rate may soon get another push downward as Americans lose extended unemployment benefits.
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German and French leaders meet this week to map out a revised plan for the euro as the Group of Eight exposed disagreement on a rescue strategy, Greece lurched toward a possible exit and Spain’s budget deficit widened.
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Stephen Stanley, chief economist at Pierpont Securities LLC, has derided the Federal Reserve for downplaying improvement in the U.S. economy. Yet his 2.6 percent forecast for growth this year is below the midpoint in the central bank’s projection of 2.4 percent to 2.9 percent.
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Intesa Sanpaolo SpA economist Annamaria Grimaldi has never lived in Germany and doesn’t speak the language, yet she’s still the top forecaster of the country’s most-watched economic indicator.




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