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July 14, 2010

Unexpectedly: Fed Reserve Leaders Say Recovery Is "Slower Than Expected"

Lot of that goin' 'round, eh?

Recovery Summer, baby. Catch the fever.

Federal Reserve leaders marked down their expectations for growth and inflation last month, concluding that the economic recovery is proceeding more slowly than they had thought in the spring but that the slowdown did not warrant new policy actions.

But Fed leaders did agree to explore options for supporting the economy further in case conditions worsen.


Than Expected"&bodytext=Lot of that goin' 'round, eh? Recovery Summer, baby. Catch the fever. Federal Reserve leaders marked down their expectations for growth and inflation last month, concluding that the economic recovery is proceeding more slowly than they had thought in the...&topic=world_news">digg this
posted by Ace at 03:10 PM

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