Nobel Laureate Spence on Global Economy; Recession

Nobel Laureate Spence on Global Economy; Recession Play

Aug. 26 (Bloomberg) -- Nobel laureate Michael Spence spoke yesterday in Hong Kong with Bloomberg's Robyn Meredith about the outlook for the global economy. Spence’s remarks follow cuts in global growth forecasts by institutions from Citigroup Inc. to UBS AG as central bankers from around the world gather for a Federal Reserve symposium this weekend in Jackson Hole, Wyoming. (Source: Bloomberg)

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