Ray of Light: Fed Sees Adequate U.S. GDP Growth for 2011-2013

Filed under: Forecasts, Good news, Economic Data, Federal Reserve

The most recent datapoint of significance for investors has to be the U.S. Federal Reserve's revised summary of economic projections.

The Fed now sees a stronger U.S. economy in 2011, with the world's largest and most technologically advanced economy expected to grow 3.4% to 3.9%, up from the 3.0% to 3.6% November projection.

The Fed also expects the U.S. economy to grow 3.5% to 4.4% in 2012 and 3.7% to 4.6% in 2013, compared to the November estimates of 3.6% to 4.5% and 3.5% to 4.6%, respectively.

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Ray of Light: Fed Sees Adequate U.S. GDP Growth for 2011-2013 originally appeared on BloggingStocks on Sat, 26 Feb 2011 12:50:00 EST. Please see our terms for use of feeds.

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