Breaking News from Moneynews.com Fed Warns Economy May Take Five Years to Recover
Federal Reserve officials now fear that the U.S. economy will take at least five or six years to fully recover from the biggest economic downturn since the Great Depression. Fed officials also trimmed their forecasts for growth this year to a range of between 3 percent and 3.5 percent from the 3.2 percent to 3.7 percent they projected in May.
Thursday, 15 July 2010
Posted by Britannia Radio at 08:42