Beltway Confidential

Fed: Economic forecast downgraded for 2013, 2014

By Joel Gehrke
Published April 25, 2012 4:00am ET
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Fed: Economic forecast downgraded for 2013, 2014
Federal Reserve analysts projected that the unemployment rate could stay near 8 percent through 2014, as the committee downgraded the economic forecast for 2013 and 2014. The Federal Open Market Committee said today that the unemployment rate will range between 6 and 8 percent for the next two years. They indicated that 7 percent is […]

Federal Reserve analysts projected that the unemployment rate could stay near 8 percent through 2014, as the committee downgraded the economic forecast for 2013 and 2014.

The Federal Open Market Committee said today that the unemployment rate will range between 6 and 8 percent for the next two years. They indicated that 7 percent is the most likely unemployment rate.

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