Fed Cuts Growth Projections ; Cites Housing Slump, Credit Woes
The Record, Bergen County, NJ (November 21, 2007)
Author: Jeannine Aversa, The Associated Press
Permanent Link:
http://vlex.com/vid/fed-cuts-projections-cites-slump-woes-62964010
Id. vLex: VLEX-62964010
Acceda a este documento
y pruebe vLex GRATIS durante 3 días
WASHINGTON The Federal Reserve reported Tuesday that it expects slower economic growth and a slight bump up in unemployment next year due to the housing slump and a credit crunch. The board also said, however, that it thinks inflation will remain moderate.
The fresh assessment of the country's future economic performance was issued by the Fed in the first of its quarterly reports to the nation.Fed Cuts Growth Projections ; Cites Housing Slump, Credit Woes
On the growth side, the Fed said it believes that business growth will slow next year, with the gross domestic product (GDP) coming in between 1.8 percent and 2.5 percent. That would be weaker than how the Fed expects the e...
Try vLex for FREE for 3 days
Access legal information from United States including:
- Constitutions
- Forms and Contracts
- Legal Books and Journals
- Case Law
- News and Business
- Regulations
- U.S. Code
Try vLex without any commitment for 3 days and see why you need it.
3
days of Free Access
If you are already a vLex customer, Access Here
