Warren Buffett says economy still improving slowly

Written By Unknown on Jumat, 03 Mei 2013 | 20.25

OMAHA, Neb. — Investor Warren Buffett says the economy and U.S. job market continue to improve, but slowly.

In an interview that aired Friday, Buffett said that business has been picking up at his Berkshire Hathaway conglomerate, but it hasn't been strengthening rapidly.

Buffett doesn't believe that the monthly employment report Friday morning will impress.

Buffett says he thinks it would be extraordinary if the Federal Reserve were to expand its bond-buying program beyond the current $85 billion a month level. The Fed said Wednesday that it would consider buying more if the economy needs help.

Buffett will face questions from more than 30,000 people at Berkshire's annual meeting on Saturday.


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