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May 21, 2012

Fed Proves More Bullish Than Wall Street Forecasting U.S. Growth

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Stephen Stanley, chief economist at Pierpont Securities LLC, has derided the Federal Reserve for downplaying improvement in the U.S. economy. Yet his 2.6 percent forecast for growth this year is below the midpoint in the central bank's projection of 2.4 percent to 2.9 percent. Stanley's not alon... FF News: Fundamental

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