Fed Job Forecast Dims

Federal Reserve officials (Chairman Ben Bernanke photo left) predicted the expansion will be too slow to return to full employment in the next two years while also saying further measures to boost the economy probably won’t be needed in the short term. Policy makers said the outlook had “softened somewhat” and that risks to the recovery had risen, according to the minutes of their June 22-23 meeting released yesterday in Washington. The Federal Open Market Committee “would need to consider whether further policy stimulus might become appropriate if the outlook were to worsen appreciably.”  Read more here:

Fed Job Forecast Dims