Fed sees slow economic growth in 2011 - Trade Only Today

Fed sees slow economic growth in 2011

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The Federal Reserve lowered its expectations for economic growth through 2011, according to the minutes released Tuesday of the Federal Open Market Committee's meeting in early November.

Officials expect unemployment to remain near 9 percent at the end of next year, the forecast said, helping to explain what drove the central bank to take new action to boost the economy three weeks ago.

Click here to read the full Washington Post report.

Click here for a release from the Federal Reserve.

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