The Federal Reserve cut its forecast for US economic growth Tuesday to a range of 1.8 to 2.5 percent in 2008, citing weakness in housing and tighter credit conditions.
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Fed slashes US growth forecast on housing, credit illsPosted by UK Economy News
In UK financial news
20Nov 07 The Federal Reserve cut its forecast for US economic growth Tuesday to a range of 1.8 to 2.5 percent in 2008, citing weakness in housing and tighter credit conditions.
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