FOMC sees hint of recovery, but not convinced - MarketWatch

May 21st, 2009

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BBC News
FOMC sees hint of recovery, but not convinced
MarketWatch
FOMC members lowered their forecasts relative to the projections they made in January, but this was expected given the weak data in the first two months of the year. FOMC members continue to expect a recovery in sales and production to being during the
Video: May 20: Stocks Fall After Fed Lowers '09 Outlook The Associated Press

US economy to contract 2pc this year, says Fed Telegraph.co.uk
Dollar Hits Multimonth Lows Wall Street Journal
Reuters - guardian.co.uk

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data recovery

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