Tag Archives: federal reserve

IMF Cuts Forecast; Fed Ready to Act

According to the International Monetary Fund (IMF), the US economy isn’t going to grow as fast as they initially projected.  In June, they projected a rate of 2.5% for 2011, but recently reduced their expectations to 1.5%  The slowing growth has prompted officials at the Federal Reserve to attempt various new tactics to kick-start the …

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