(Reuters) - LONDON, July 11 - A downturn in the U.S. housing
sector has not changed forecasts for economic growth to return
to trend by the end of the year, Philadelphia Federal Reserve
Bank President Charles Plosser said on Wednesday.
"The recent reversal of the boom in housing activity and
house prices has contributed to a slowdown in economic growth,"
he told an economic forum in London.
Read more at Reuters.com Bonds News
sector has not changed forecasts for economic growth to return
to trend by the end of the year, Philadelphia Federal Reserve
Bank President Charles Plosser said on Wednesday.
"The recent reversal of the boom in housing activity and
house prices has contributed to a slowdown in economic growth,"
he told an economic forum in London.
Read more at Reuters.com Bonds News
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