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Shifting Predictions

Earlier economic projections from the Federal Reserve may have been too optimistic: New projections show a deeper recession and a slower recovery.

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Fed Leaders Issue Bleak Forecast
Article | It could take years for the nation to fully bounce back from the recession, according to new projections by leaders of the Federal Reserve, who indicated that even once the economy starts expanding again, it will be an "unusually gradual and prolonged" recovery.

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