Fed foresees slightly slower but steady growth

Published March 19, 2014 7:06pm ET



WASHINGTON (AP) — Federal Reserve officials expect the U.S. economy to grow at a slightly slower but steady pace in 2014.

The Fed on Wednesday projected growth of 2.8 percent to 3 percent this year, a bit lower than its December projection of between 2.8 percent and 3.2 percent.

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