“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.” Read more.
“Fed Leaders: Economic Recovery Slower Than Expected”
Neil Irwin
The Washington Post, July 14, 2010.
Image by jscreationzs / FreeDigitalPhotos.net.
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