10/28/2015

Telegraph: 6 Years Into Recovery, Is Recession Looming?

Image: Telegraph: 6 Years Into Recovery, Is Recession Looming?

The average economic recovery has lasted about six years in the past half-century, spurring discussion about how much longer the current rebound will last.

The Great Recession, which was the worst economic contraction since the Great Depression, ended in 2009, making this recovery about as long as the last one during the presidency of George W. Bush. In response to the decline, the Federal Reserve cut interest rates to record lows of near zero percent, where they’ve stayed since December 2008.  Read more

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