Federal governent numbers released today show the U.S. economy grew at an annual rate of 1.5 percent in
the second quarter of 2012, a growth rate lower than the first quarter
and another sign of a glacially slow economic recovery
The Federal Reserve, whose policy committee meets next week, is looking
at a third round of "quantative easing", meaning the central bank buys
assets like mortgage-backed securities that businesses want off their
books.
