LECCE, Italy (Kyodo) The U.S. economy — the epicenter of the ongoing global financial and economic turbulence — seems to be edging toward a path to a much-needed recovery.
U.S. stock prices are spurting upward on expectations of an early economic recovery, signs which can be found in the narrowing rate of growth contractions.
Unquestionably, the so-called "green shoots" are sprouting in the world's largest economy. But some officials and experts are still skeptical about a smooth return to U.S. economic recovery, citing fears about deflation.