US Fed to consider more stimulus as recovery slows The US Federal Reserve policy makers may have to start weighing additional steps to boost the recovery after growth fell below 1% in 1-H of this year, as economists cut 2-H growth forecasts. The FOMC will meet August 9 in Washington after the government marked down its measure of economic growth to annual rates of 0.4% in Q-1 and 1.3% in Q-2, casting doubt on the Fed’s June outlook of 2.7 to 2.9% growth for this year. A gauge of US manufacturing, a main engine for the expansion in the USA,...