Federal Reserve Press Conference Video, Economic Projections, FOMC Statement (4/27/2011)
4/30/2011 12:59:00 AM
I embedded the full Federal Reserve press conference video with Fed chairman, Ben Bernanke, after the jump. I also linked to the Q&A transcript and 4/27/2011 FOMC statement. First, check out the Fed's projections on inflation, GDP growth and unemployment from 2011-2013. As you can see from the table below, the Fed lowered their GDP and unemployment projections, and raised inflation projections, since the January FOMC Minutes release.