WSJ NEWS ALERT: Economists’ Outlook Dims

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Three in five economists surveyed by The Wall Street Journal expect the U.S. Federal Reserve to resume large-scale purchases of securities in the face of a deteriorating economic outlook—but, by a 3-to-2 margin, most of them also think that would be a mistake.

The survey showed economists continuing to cut their growth forecasts for the rest of this year and into 2011.

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https://online.wsj.com/article/SB10001424052748704505804575483942947113692.html?mod=djemalertNEWS

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