Goldman top economist says U.S. recession less likely

02/19/2013 | MarketWatch

The risk of recession has receded in the U.S. over the past few months, and additional encouraging signs emerged when tax increases in January did not slow spending, said Jan Hatzius, an economist with Goldman Sachs. Also encouraging, Hatzius says, is Congress' decision not to delay an increase in the debt ceiling to win more spending cuts.

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