this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. it could take as much as five to six years for the u.s. economy to fully recover. tom, that s the federal reserve s revised forecast for the economy, released today along with the minutes of its june meeting. tom: and susie, the fed is also painting a weaker picture for this year. policymakers predict the gross domestic product will grow between 3% and 3.5% in 2010. in april, policymakers were more optimistic, expecting growth of as much as 3.7%. susie: tom, the fed blamed economic developments abroad for the change in its economic outlook, but economist anthony chan worries the central bank s growth projections are still off. i think an argument could be made that when you look at the growth band that the federal reserve has, that it s still fairly optimistic. a 3% number on the low side is still pretty hig
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. it could take as much as five to six years for the u.s. economy to fully recover. tom, that s the federal reserve s revised forecast for the economy, released today along with the minutes of its june meeting. tom: and susie, the fed is also painting a weaker picture for this year. policymakers predict the gross domestic product will grow between 3% and 3.5% in 2010. in april, policymakers were more optimistic, expecting growth of as much as 3.7%. susie: tom, the fed blamed economic developments abroad for the change in its economic outlook, but economist anthony chan worries the central bank s growth projections are still off. i think an argument could be made that when you look at the growth band that the federal reserve has, that it s still fairly optimistic. a 3% number on the low side is still pretty hig