Just in Case You Think I am Too Pessimistic: “Fed downgrades recovery outlook

August 11, 2010 Leave a comment

Nothing much too add here.

Fed officials significantly downgraded their economic outlook, saying the “pace of recovery in output and employment has slowed in recent months” and was likely to be “more modest” than anticipated in the near term.

via FT.com / US / Economy & Fed – Fed downgrades recovery outlook.

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Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

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