The Fed Downgrades Its Outlook On The Economy

by Steve Inskeep, NPR

The Federal Reserve is predicting slower growth and less improvement in the unemployment rate through 2013. The news comes after a meeting of the Fed's policy-making committee, in which it decided against taking new measures to stimulate the economy. But Chairman Ben Bernanke said additional steps may be needed down the road.

Broadcast Dates

• Morning Edition, November 3, 2011