Fed lowers growth, inflation forecasts
Washington - AFP
The Federal Reserve on Wednesday trimmed its growth forecast for 2013 slightly and slashed its inflation outlook, suggesting it saw little threat to prices from its ongoing easy-money program. The economy was expected to grow at an annual rate of 2.3-2.6 percent, slightly below the 2.8 percent top-end growth previously forecast. The Fed projected inflation would come in between 0.8-1.2 percent in 2013, instead of 1.3-1.7 percent seen in March.
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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