JPMorgan's Mellman Interview on U.S. Economy

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Aug. 20 (Bloomberg) -- Robert Mellman, an economist at JPMorgan Chase & Co., talks with Bloomberg's Julie Hyman about the state of the U.S. economy and the prospects for quantitative easing by the Federal Reserve. Economists at JPMorgan lowered U.S. growth estimates, predicting that the economy will grow at a 1.5 percent annual rate this quarter and at a 2 percent pace in the last three months of the year, a percentage point less than they previously projected. (Source: Bloomberg)

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