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Chicago Fed Letter, No. 295, February 2012
Economic Outlook Symposium: Summary of 2011 Results and 2012 Forecasts

According to participants in the Chicago Fed’s annual Economic Outlook Symposium, the U.S. economy is forecasted to grow at a pace below its historical average in 2012, following a year with an even slower rate of growth; inflation is expected to ease in 2012; and the unemployment rate is predicted to edge down this year.

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