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Exact(32)
Economists are uncertain about the likely path of recovery.
"This is not a fundamental shift in the path of recovery but maybe a temporary distortion".
Between now and next year, factors other than the stance of monetary policy will influence the path of recovery.
Through the G20, we have partnered with emerging countries to keep the world on the path of recovery.
"The path of recovery is likely to be slow and uncertain," said Mervyn King, governor of the central bank.
"The European economy is clearly on a path of recovery," said Olli Rehn, the economic and monetary affairs commissioner.
Similar(28)
The deal had not only averted bankruptcy and secured Athens' position in the eurozone but placed it on a path of economic recovery.
The biggest debate, he said, is over the path of the recovery of the labor market and how it helps consumers to promote growth.
Glenn Hubbard, the head of the Council of Economic Advisers, has said the fall in the markets will not "overwhelm the upward path of the recovery".
Similarly, how can we know that the path of the recovery doesn't more or less reflect the Fed's preferences?
They concluded that the economy is on a path of moderate recovery, so the Fed needn't take further action right now.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com