USA

US Central Bank Lowers Growth Forecast But Says Economy Reboundingi
X
Mil Arcega
June 18, 2014 11:56 PM
The U.S. central bank says economic growth is rebounding after stalling in the first few months of the year. But as expected, the U.S. Federal Reserve lowered its growth forecast for 2014 from three percent to only slightly more than two percent. Despite the weaker outlook, Fed Chair Janet Yellen expressed confidence in the U.S. recovery. VOA's Mil Arcega has more.

US Central Bank Lowers Growth Forecast But Says Economy Rebounding

Published June 18, 2014

The U.S. central bank says economic growth is rebounding after stalling in the first few months of the year. But as expected, the U.S. Federal Reserve lowered its growth forecast for 2014 from three percent to only slightly more than two percent. Despite the weaker outlook, Fed Chair Janet Yellen expressed confidence in the U.S. recovery. VOA's Mil Arcega has more.


You May Like

How to Safeguard Your Mobile Privacy

As the digital world becomes more mobile, so too do concerns about eroding privacy and increased hacking More

'Desert Dancer' Chronicles Iranian Underground Dance Troupe

Film by Richard Raymond is based on true story of Afshin Ghaffarian and his friends More

Obesity Poses Complex Problem

Professor warns of obesity’s worldwide health impact More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one