JustRalph
06-18-2015, 04:01 AM
http://www.latimes.com/business/la-fi-federal-reserve-interest-rate-20150617-story.html
Sitting on their hands again. And downgrading forecast......ole Barry is going to go out on a downturn.......what are the odds?
"Fed officials sharply downgraded their economic forecast for this year. They projected the economy would grow between 1.8% and 2% this year, well below the range of 2.3% to 2.7% in its last forecast in March.
If they’re correct, annual growth would be the worst since 2011 and would be far from the breakout performance some economists had hoped for this year."
Sitting on their hands again. And downgrading forecast......ole Barry is going to go out on a downturn.......what are the odds?
"Fed officials sharply downgraded their economic forecast for this year. They projected the economy would grow between 1.8% and 2% this year, well below the range of 2.3% to 2.7% in its last forecast in March.
If they’re correct, annual growth would be the worst since 2011 and would be far from the breakout performance some economists had hoped for this year."