Fed releases updated economic projections: Sees 2011 GDP of 2.7-2.9% vs. 3.1-3.3% range in...
Fed releases updated economic projections: Sees 2011 GDP of 2.7-2.9% vs. 3.1-3.3% range in April, unemployment rate of 8.6-8.9% vs. 8.4-8.7% in April, core PCE inflation of 1.5-1.8% vs. 1.3-1.6% in April.
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