Federal Reserve Delays Taper Continues Debasement
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Other details released on Wednesday show the Fed's expansion for this monetary supply is getting their desired effect of growing prices inside the rate of two percent per year, using latest projections predicting increases of first.2-1.3 percent for 2013, 1.5-1.7 percent for 2014, 1.7-2.0 percent for 2015, and first.9-2.0 percent for 2016. The projected annual rise in gross domestic product (GDP) for 2013 and 2014 was revised downward to the June projection, with the 2013 projection dropping to 2.0-2.3 percent from 2.3-2.6 percent, and the 2014 projection dropping to two.9-3.1 percent from 3.0-3.5 percent.
