Nobel Laureate Spence on Fed Policy, Jackson Hole

Nobel Laureate Spence on Fed Policy, Jackson Hole Play

Aug. 26 (Bloomberg) -- Nobel laureate Michael Spence spoke yesterday in Hong Kong with Bloomberg's Robyn Meredith about Federal Reserve monetary policy. Spence said the global economy has a 50 percent chance of slipping into recession as Europe and the U.S. struggle to grow. (Source: Bloomberg)

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