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May 19, 2010 in Business, Nation/World
Federal Reserve sees slightly better 2010 economy
Associated Press
WASHINGTON — Federal Reserve officials have a slightly brighter view of the economy than they did at the start of the year.
Fed officials say in a new forecast that they think the economy can grow between 3.2 percent and 3.7 percent this year. That’s an upward revision from a growth range of 2.8 percent to 3.5 percent in their January forecast.
The Fed’s latest forecast sees the unemployment rate, now at 9.9 percent, dipping to between 9.1 percent and 9.5 percent by year’s end. In the January forecast, the Fed didn’t think unemployment would dip below 9.5 percent this year.
© Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Northwest wheat 
empyrius on May 19 at 11:47 a.m.
And what a bunch of really rich bankers sitting on the federal reserve board thinks creates jobs how . . .
mikeln on May 19 at 1:44 p.m.
Of course the banks are doing better, after all they have their own legal money press at their beckon call. What a bunch of crap we are putting up with. It’s time to take the free money away from these crooks instead of letting them print money for themselves because the are so important to the american way of life. We can live without these slime balls and the federal reserve. None of these people are worth the shovel it would take to bury them, yet they tell us without huge sums of money they can’nt keep the best of the best. They are, after all the cream of the crop when it comes to wrecking the U.S. economy. And yes, our fine elected officials have their heads right up these people butts.