Fed trims growth forecasts, inflation projections unchanged

Federal Reserve policy makers trimmed their forecasts for U.S. economic growth this year and next on weaker-than-anticipated home building, while keeping their inflation projections unchanged. The economy will grow by 2.25 percent to 2.5 percent in the fourth quarter of 2007 from a year before, compared with a range of 2.5 percent to 3 percent given ...

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Fed trims growth forecasts, inflation projections unchanged

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