The dollar's recent slide is "constructive" for the U.S. outlook but isn't happening fast enough, J.P. Morgan Chief Economist Bruce Kasman says. In "The Big Interview" with WSJ's Kelly Evans, Kasman also says housing prices will bottom late this year amid a moderate recovery in the economy.
Saturday, April 30, 2011
J.P. Morgan's Kasman: Dollar Drop Is Welcome
The dollar's recent slide is "constructive" for the U.S. outlook but isn't happening fast enough, J.P. Morgan Chief Economist Bruce Kasman says. In "The Big Interview" with WSJ's Kelly Evans, Kasman also says housing prices will bottom late this year amid a moderate recovery in the economy.
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