Fed: U.S. economy still faces downside risks

The Fed issued on January 4 last year, the Federal Open Market Committee minutes of the meeting in December, said the situation has improved U.S. economic recovery is expected recent economic growth rate will be increased, however, economic recovery is still facing some downside risk.

 According to the minutes, Fed policy makers believe that the recent economic situation has shown some positive signs, such as increased output and household spending, the labor market improved slightly. In addition, the new fiscal policy will support the overall pace of recovery in 2011.

 However, the Fed also warned that the U.S. economy still faces some downside risks, including the real estate market is still in the doldrums, the price may still be lower, employees and employers are still reluctant to increase the deterioration of European sovereign debt crisis may have on the U.S. financial and economic spillovers And so on.