Fed: Slower growth, rising prices wham economy

Tools

Fed: Slower growth, rising prices wham economy

Story Published: Jul 23, 2008 at 2:07 PM EDT

Story Updated: Jul 23, 2008 at 2:07 PM EDT

WASHINGTON (AP) - The Federal Reserve says the country slogged
through slower economic growth and rising prices during the summer,
packing a double whammy to people and businesses alike.

The Fed's new snapshot of business conditions, released Wednesday, also underscores the challenges confronting Federal Reserve Chairman Ben Bernanke and his colleagues as they try to get
the economy back on track.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

WAGT Weather

Click here for 7 Day Forecast
Icon
Current Temp 90 °F
Fair with Haze
More Weather

WAGT Weather

On Demand
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

What's On TonightFull Schedule

8:00
beijing olympic games
12:00
nbc augusta news

Viewer Poll

What should be the legal drinking age?

  • Stay 21
  • 16
  • 18
  • 25