The Fed cut its growth forecast for this year by to a new range of between 0.3% and 1.2%, down from the 1.3% to 2% predicted in February.
The US central bank also said the jobless rate could reach 5.7%. Thank you Bushonomics. |
US Fed cuts growth estimate by 1%Quicklink Submitted By Amanda Lang No comments
|
|
The Fed cut its growth forecast for this year by to a new range of between 0.3% and 1.2%, down from the 1.3% to 2% predicted in February.
The US central bank also said the jobless rate could reach 5.7%. Thank you Bushonomics. |
Rate It | View Ratings |
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.
OpEdNews depends upon can't survive without your help.
If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.
To View Comments or Join the Conversation: