The US economy is unlikely to go into a double-dip recession, but the recovery will be anemic, Dallas Federal Reserve President Richard Fisher told CNBC Wednesday.
“It is sort of a post-traumatic shock syndrome” that the economy goes through and it will take a long time to cure, Fisher said.
“I expect we’ll have low interest rates for some time,” he added.
Full story: Interest Rates – Low Rates Here for Some Time: Fed’s Fisher – CNBC