Forex | Forex | U.S: FOMC minutes for the August meeting (03/09/2009 08:43:00)

U.S: FOMC minutes for the August meeting

Fed gains confidence downturn is ending, expressed concern about jobs Most participants see only slow recovery during second-half 2009 and said the economy remains vulnerable to shocks. Pace of recovery is expected to pick up in H2 2009 and into 2010. Members disagree on strength of upturn .The committee sees fiscal stimulus helping in second-half 2009 into 2010 Improved outlook for the foreign economies will help US exports. The members highlight improvements in financial markets but said


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