Fed Eyes Australia in Search for Holy Grail of Economic Growth
The Novotel Sydney Hotel, left, and the Ibis Hotel stand at Darling Harbor in Sydney, Australia. (Photographer: Brendon Thorne/Bloomberg)

Fed Eyes Australia in Search for Holy Grail of Economic Growth

(Bloomberg) -- Federal Reserve officials are looking to Australia’s record run of economic growth for hope that a U.S. recession may not be inevitable.
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