Fed downgrades forecast

The U.S. Federal Reserve has revised downward the forecast for real GDP growth from 2012 to 2014. This information is contained in a report released Wednesday by the Federal regulator.

In particular, in 2012, the Fed expects GDP growth of 2.2-2.7 percent, inflation at 1.4-1.8 percent, while unemployment is projected at 8.2-8.5 percent.

In November, the regulator predicted that these rates would be at 2.5-2.9 percent, 1.5-2.0 percent and 8.5-8.7 percent respectively.

RIAN

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