Ryan's District Boards

RD Today => All the News => Business News => Topic started by: riky on May 21, 2008, 11:41:44 PM

Title: Fed sees slower growth, higher unemployment in `08 (AP)
Post by: riky on May 21, 2008, 11:41:44 PM
Fed sees slower growth, higher unemployment in `08
    (AP)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080521/2008_05_21t140826_450x266_us_usa_fed_minutes.jpg?x=130&y=76&q=85&sig=7jC12fettMGkQYd2z8ZQQw--" align="left" height="76" width="130" alt="A pedestrian passes in front of the Federal Reserve Building in Washington January 22, 2008. (Kevin Lamarque/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080521/ap_on_bi_ge/fed_economy)AP - Federal Reserve officials strongly suggested they won't be inclined to cut interest rates further even as they sharply downgraded their forecast for economic growth this year, citing damage from a housing slump, credit crunch and galloping energy prices.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080521/ap_on_bi_ge/fed_economy