Economists question White House summit&#39;s assessment
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Economists assembled by the White House for a high-profile summit yesterday maintained forcefully that the US economy is robust and growing.
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A recent soft spot in US growth ought prove temporary and should not alter the Federal Reserve&#39;s plan to continue raising interest rates in a measured way, one of it&#39;s top policy-makers said on Wednesday.
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President Bush&#39;s White House conference on the economy is sure to attract some of the nation&#39;s political and economic superstars to Washington this week.
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U.S. Federal Reserve policy-makers  were unsure how much more they would need to raise interest  rates, if at all, after a May 10 meeting, according to minutes  of that gathering released on Wednesday.
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PRESIDENT BUSHâS post-election reshaping of the US Administration spread to his top-level economics team last night as the White House announced the departure of Stephen Friedman, its chief economics adviser.
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Business & money: Upbeat White House tries to talk up economy as oil price falls back  from record highs
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Amid reports of a tentative of deal between lawmakers and the Bush administration on a proposed stimulus package for the U.S. economy, the White House said on Thursday that there is no final agreement yet but there is progress.
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Some critics question proposed federal spending hikes for nuclear research.
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High oil prices, a stagnant labor market -- and the lack of a more forceful response from the Bush campaign -- have sparked worry among White House allies that the administration's economic team has been too content cheerleading instead of setting more detailed plans for a second term.
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President Bushâs suggestion of an economic stimulus package is the clearest indication yet of a growing concern inside the White House over the possibility of recession.
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The White House expects revised data due on Friday to show job creation from March 2003 to March 2004 was much more robust than thought, economists who received
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Concern about a possible recession is bringing the president and lawmakers closer to agreeing that an economic stimulus package is needed soon, officials said.
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Most economists called the emergency spending plan agreed to by the White House and Congress on Thursday as useful, but flawed and probably not enough.l
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WASHINGTON -- A string of government reports yesterday offered a mixed picture of the US economy.
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A global economy was thought to be more stable â but not if everyone is speculating.
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The United States and its major economic allies struggled yesterday to resolve deep differences over how best to relieve the heavy debt burden for Iraq and the world&#39;s poorest countries.
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Despite agreeing on the outline for a new global warming deal, the White House quibbled with it Saturday and said it does not sufficiently address the role of developing nations.