In its most recent forecasts in March, Fed officials predicted that the economy would grow as little as 2.3 percent this year â¿¿ not enough to quickly drive down unemployment â¿¿ or as high as 2.8 percent. It forecast that the unemployment rate would dip to between 7.3 percent and 7.5 percent by year's end.If the Fed dims its outlook for growth and employment, investors would likely read that to mean the central bank will delay any scaling back of its stimulus. But if the Fed upgrades its forecasts, that could suggest that it's moving closer to reducing its bond purchases.
World Looks To Bernanke To Clarify Stimulus Plans
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