ECONOMY

Economy Growing at 2% Rate: Council of Economic Advisors Chairman Michael J. Boskin said he’s looking for the economy to improve from its current pace of about 2% into the 3% range as the year progresses. “There’s ample opportunity to do better than that, but to do that we’re going to have to make sure we have an ample supply of money and credit growth,” Boskin said. The CEA chairman’s remarks were taped for airing on John McLaughlin’s “One on One” television show this weekend. Boskin said the economy “has been improving” and almost all economists have concluded it is in recovery.