NEW YORK -At a press briefing held last week at Deutsche Bank Securities' Wall Street headquarters, chief economist Peter Hooper said that U.S. economic growth is expected to be at or above moderate this year, which could trigger inflation to edge higher.

Hooper said that the expected growth trend would be supported by monetary policy stimulus, the declining dollar with a corresponding increase in real net exports, as well as the rise in business investment to pre-recession levels.

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