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Close Topic OptionsUSA: Fed expects slow recovery, but higher jobless figures
Usa Fed Expects Slow Recovery Higher Jobless - Politics, Business, Civil, History - Posted: 16th Jul, 2009 - 6:11am
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- French BusinessPost Date: 16th Jul, 2009 - 6:11am / Post ID: #
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USA: Fed expects slow recovery, but higher jobless figures
USA: Fed expects slow recovery, but higher jobless figures Local French Business Updates
The US Federal Reserve expects a slow recovery to start in the second half of 2009, reducing the economy's 12-month contraction to between 1 and 1.5 percent. But the bank also said unemployment could reach 10.1 percent, up from earlier estimates.
Source: France24 - Business
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TOPIC: USA: Fed expects slow recovery, but higher jobless figures