I hate to be the guy who gets stuck in a negative mode, particularly about the economy. But, today has just brought a string of nasty news. We’ve noted some in posts below, but this one is broad, negative and truly depressing.
Fed Forecasts Inflation and Unemployment
The Federal Reserve on Wednesday lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch. It said it also expects higher unemployment and inflation. The updated forecasts come amid [...]
Tags: Economy, Unemployment Rate
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