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Forex Trading - FOMC April Minutes -UNEMPLOYMENT WILL `INCREASE SIGNIFICANTLY'

Posted by Forex Bob on Wed, 05/21/2008 - 2:06pm in

PREDICTS GROWTH `MUCH WEAKER' COMPARED TO JANUARY ESTIMATE

RAISES CORE INFLATION FORECASTS TO 2.2%-2.4%, FROM 2%-2.2%

POLICY MAKERS EXPECT GROWTH `REBOUND' IN 2008 SECOND HALF

SAYS MOST MEMBERS VIEWED GROWTH RISK STILL TO `DOWNSIDE'

SAYS `MANY' OFFICIALS SAW GDP CONTRACTION IN FIRST HALF

SAW RISING RESTRAINT ON SPENDING FROM WEAKENING JOB MARKET