Fed's Pianalto says worried about risks to economy
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Cleveland Federal Reserve Bank President Sandra Pianalto said on Thursday the economy has shifted to a lower growth track and that she is concerned about downside risks to an already weak outlook.
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While the U.S. economy is at some risk of a slowdown, it will probably avoid a recession, and any downturn is unlikely to be severe, Dallas Fed President Richard Fisher said on Thursday.
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Risks of a recession have increased, but the Federal Reserve must be cautious in supporting the economy because global forces that have kept inflation in check are receding, former Fed Chairman Alan Greenspan said on Monday.
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San Francisco Federal Reserve  Bank President Janet Yellen said on Monday that financial  turmoil had &quot;appreciably&quot; increased risks facing the U.S.  economy, but other Fed officials said it was unclear if the  economy had taken a turn for the worse.
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The U.S. economy is in troubled waters and the Federal Reserve needs to be ready to step in with a helping hand, a top official at the central bank said on Monday.
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Federal Reserve Chairman Ben Bernanke has warned the outlook for the US economy is deteriorating.
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Risks of a recession have increased,  but the Federal Reserve must be cautious in supporting the  economy because global forces that have kept inflation in check  are receding, former Fed Chairman Alan Greenspan said on  Monday.
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Federal Reserve policy-makers on Friday indicated they are still wary about the potential upside risks to inflation despite signs that price pressures may be abating.
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Two Federal Reserve officials said Monday that problems in housing and mortgage lending have begun to threaten the overall economy.
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Federal Reserve officials on Friday said falling home prices and financial market turmoil are big risks to the U.S. economy but pledged that the central bank would not shrink from taking bold steps to support growth.
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Richmond Federal Reserve Bank   President Jeffrey Lacker said on Wednesday there is a risk of   inflation becoming entrenched and that an unfolding economic   slowdown might not be enough to bring inflation down quickly.
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The Federal Reserve at its May 9 meeting believed that inflation was still the main worry, and felt that risks the U.S. economy would decelerate abruptly had diminished, minutes released on Wednesday show.
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Federal Reserve  policy-makers on Friday said inflation remained a risk to the  U.S. economy, even as data showing factory activity falling for  the first time in 3-1/2 years indicated growth was slowing.
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WASHINGTON -- Federal Reserve Chairman Ben Bernanke said Tuesday that risks from inflation or a worse-than-expected housing slump could further complicate things for an economy that already is in slowdown mode.
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The Federal Reserve at its May 9  meeting believed that inflation was still the main worry, and  felt that risks the U.S. economy would decelerate abruptly had  diminished, minutes released on Wednesday show.
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The global economy faces a period of uncertainty, with risks to continued growth much higher than they were six months ago, the head of the International Monetary Fund said Monday.
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Federal Reserve Chairman Ben Bernanke said Thursday that he did not believe the growing number of mortgage defaults would seriously harm the economy