Wednesday, August 22, 2012 2:44:54 PM NEWS ALERT Fed officials spoke of need to provide more support to weak economy if growth does not pick up Federal Reserve officials spoke with increased urgency at their last meeting about the need to provide more help for a weak U.S. economy. The minutes of the July 31-Aug. 1 meeting show many members felt further support would be needed "fairly soon" unless the economy improved significantly. Read more at: http://www.washingtonpost.com/business/fed-officials-spoke-of-need-to-provide-more-support-to-weak-economy-if-growth-does-not-pick-up/2012/08/22/83635fde-ec83-11e1-866f-60a00f604425_story.html Or visit washingtonpost.com . SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071   ©2011 The Washin

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    Wednesday, August 22, 2012 10:14:19 AM NEWS ALERT CBO: Deep recession likely for first half of 2013 if Congress goes over the fiscal cliff The nation would be plunged into a deep recession during the first half of next year if Congress fails to avert nearly $500 billion in tax hikes and spending cuts set to hit in January, congressional budget analysts said Wednesday. The massive round of New Year's belt-tightening – variously known as the fiscal cliff or Taxmageddon – would disrupt recent economic progress, push the unemployment rate back up to 9.1 percent by the end of 2013 and cause economic conditions "that will probably be considered a recession," the nonpartisan Congressional Budget Office said. Read more at: http://www.washingtonpost.com/business/economy/deeper-recession-imminent-if-congress-doesnt-act-on-fiscal-cliff-cbo-report/2012/08/22/0da7a07a-ec60-11e1-a80b-9f898562d010_stor