"Our view is that we continue to have confidence in the long-term fundamentals but we're going through a very rough period," Kimmitt said at a conference on transatlantic relations in Berlin .
"I'm quite optimistic about the future." Economists are worried about the outlook for the U.S. economy which has suffered from a sharp housing downturn and seen related strains in credit markets.
There are also fears about the inflationary effect of rising oil and commodity prices on the world economy .
Full Story: Kimmitt confident in economic fundamentals (Reuters)
Click here for more on elastic tapes. Elastic Tapes Blog, News and Updates Click here for information on elastic tapes. Information about elastic tapes http://blog.itpatil.com/elastic-tapes/
"I'm quite optimistic about the future." Economists are worried about the outlook for the U.S. economy which has suffered from a sharp housing downturn and seen related strains in credit markets.
There are also fears about the inflationary effect of rising oil and commodity prices on the world economy .
Full Story: Kimmitt confident in economic fundamentals (Reuters)
Click here for more on elastic tapes. Elastic Tapes Blog, News and Updates Click here for information on elastic tapes. Information about elastic tapes http://blog.itpatil.com/elastic-tapes/
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