Daily Economic Indicator: Fed official predicts a gradual improvement

09/29/2010 | Wall Street Journal, The

Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, said that he expects the economic recovery to be gradual. "My forecast for the economy shows an improved growth rate in 2011 and an improvement on that in 2012, but that doesn't necessarily mean that growth rate is terribly vigorous," he said.

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