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Fed Outlook on U.S., Europe & Business

Thursday, 17 Nov 2011 | 7:03 AM ET

A look at the GDP and an economic forecast for the year to come, with James Bullard, St. Louis Federal Reserve Bank president/CEO, who says the decline in business and consumer confidence will not cause the U.S. economy to tumble because Europe is too far from the American household to prevent consumers from going about usual spending.