(Bloomberg) - Federal Reserve officials signaled they are now as concerned about a faltering economy as they are about stability in financial markets.
Central bankers anticipated growth that was ``somewhat more sluggish'' than their previous estimate, according to minutes of the Dec. 11 Federal Open Market Committee meeting released yesterday. Policy makers cited weaker consumer spending and the ``deeper and more prolonged'' housing slump.
Read more at Bloomberg
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment