Experts: TALF will lead recovery

03/10/2009 | CNBC

The Term Asset-Backed Securities Loan Facility is going to create the first signs of economic recovery, according to a panel of experts assembled by CNBC. The experts also said the economy seems to be bottoming out, but "fear and trepidation" could mean a recovery will be slow. Economists now believe the economy will turn in the first half of next year, not in the second half of this year as previously believed.

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