Relevant:
- U.S. GDP Grew a Disappointing 1.2% in Second Quarter
- Too Big To Fail Global Banks Will Collapse Between Now and First Quarter 2011
- The changing face of our economy
- Expert: US ‘Is Barely Growing' as GDP Slows to 1.5% on Weak Consumer Spending
- U.S. job growth slows in August; wage growth retreats (YOUR MOVE, FED...)
2012-08-28 — reuters.com
``Many analysts think the Federal Reserve could take more steps to bolster the economy as soon as the central bank's next meeting in September. Bernanke's speech at an annual gathering in Jackson Hole, Wyoming, will be scrutinized to see if he provides any clarity on the Fed's next move.
Economic growth slowed to a 1.5 percent annualized rate in the second quarter, though a second reading on GDP on Wednesday is expected to revise that up slightly to 1.7 percent. Economists anticipate a pick-up in the second half of the year, though growth is still expected to be relatively lackluster.''
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