Reasons to be cheerful about US growth

Markets have over-reacted to the taper and under-estimated the persistence of low inflation, says Ethan Harris, co-head of global economics at BofA Merrill.
September 18, 2013
Ethan Harris

Ethan Harris has his work cut out. The co-head of global economics at Bank of America Merrill Lynch is in Asia to help clients understand what’s going on in the US.

There is plenty to explain. People want to know who the next US Federal Reserve chair will be, when the taper will kick in and whether a sustainable economic recovery is on the horizon not to mention the likelihood of war with Syria.

Speaking from BofA Merrill’s office in downtown Tokyo on Monday, as a typhoon swept the country, Harris was taking it...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222