Event Details
June 01, 2014
Description
The Fed's expectation for long-run growth dropped to 2.2%.
Participants (1)
| Name | Type | Mentions | |
|---|---|---|---|
| The Fed | person | 0 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_025779.jpg
This document is a page from a Standard & Poor's economic research report dated August 5, 2014, discussing 'Secular Stagnation' and the impact of income inequality on U.S. economic growth. It cites former Treasury Secretary Lawrence Summers regarding slow growth and mentions data from the Fed, IMF, CBO, and Bureau of Labor Statistics concerning GDP projections and the rise of low-wage employment. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production for a congressional investigation.
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