Economic Forecast From The Federal Reserve
The recently released minutes of the June 23-24 FOMC meeting, found here: http://www.federalreserve.gov/monetarypolicy/fomcminutes20090624.htm stated the following: “The staff projected that real GDP would decline at a substantially slower rate in the second quarter than it had in the first quarter and then increase in the second half of 2009, though less rapidly than potential output. …