Slowdown in the US Economy- HKMA's Joseph Yam

The suddenness of the recent slowdown in the US economy has taken many by surprise. But policymakers have plenty of scope for turning this inevitable adjustment into a more sustainable growth path. By Joseph Yam, chief executive of the Hong Kong Monetary Authority, in his weekly "View Point" column on the HKMA website.

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I am sure many economists who have been watching developments in the US economy have been surprised by the sharpness of the

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