This growth slowdown is necessary for the economy, says portfolio manager

Growth is slowing to a level that's 'more sustainable,' Pimco's Tony Crescenzi said. 'This is the type of pause that could refresh and help sustain the expansion in the longer run.'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What Tony Robbins’s morning routine can teach you about work habitsThe motivation guru uses this routine to summon and maintain mental and physical energy to last throughout the day.
Read more »

Tony Mendez, former CIA officer portrayed by Ben Affleck in 'Argo,' diesTony Mendez, a CIA operative who was portrayed by Ben Affleck in the 2012 Oscar-winning movie 'Argo,' died Saturday morning, his literary manager Christy Fletcher said.
Read more »

Former CIA officer portrayed in ‘Argo’ film dead at 78Tony Mendez helped retrieve U.S. diplomats trapped in Iran.
Read more »

Broadway Star Carol Channing Has Died At 97The Tony award winning theater legend's distinctive voice was a hallmark of her performances.
Read more »