Poll gives full marks to swift action of Fed

US - The US economy is highly unlikely to slip back into recession, but its recovery had far more to do with lower interest rates than tax cuts, according to a survey of leading economists issued yesterday.

At its conference in Washington, the National Association for Business Economics released a poll of members, which confirmed the retreat among leading economists of pessimism about the US economy. Most respondents - 76 per cent - rated the chance of a double-dip recession this year as less

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