Posts: 5730
Joined: 11/4/2007 Location: in front of my computer Status: offline
quote:
Federal Reserve policymakers expect "a somewhat slower pace of economic growth over coming quarters" than they had been forecasting just four months ago, Chairman Ben Bernanke told Congress this hour.
There has been, he added in a statement prepared for the Joint Economic Committee, a "deterioration in the economic outlook over the summer."
— "It is clear that, overall, the recovery from the [2008-09 financial] crisis has been much less robust than we had hoped."
No big surprise there, is it? The average working class family knew that already despite what the head honchos were saying.
Printable Version
Bernanke: Economic Outlook Has Deteriorated - 
The average working class family knew that already despite what the head honchos were saying. 
