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

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.

About Stephen E. McGaughey
International consultant in economic development programs and projects

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