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 [Ap/washington from www.cumberlink.com] Economy's growth picks up slightly in first quarter: WASHINGTON - The economy plodded ahead at a 0.9 percent pace in the first quarter _ slightly better than first estimated _ but still underscoring caution on the part of consumers and businesses walloped by housing, credit and financial .

[Business blog] Fed: Economy weakened further in the spring: The report underscored the challenges facing Bernanke and his colleagues as they fight to keep the economy from sinking into a deep recession, while at the same time avoiding a flare-up of inflation. The report will figure prominently when the Fed meets next on April 29-30 to decide its next move on interest rates.

[The Hour Headlines] Fed: Economy weakened in spring: The report underscored the challenges facing Bernanke and his colleagues as they fight to keep the economy from sinking into a deep recession, while at the same time avoiding a flare-up of inflation.

 [Special Mention] Fed: economy weakened further in the spring: The Fed’s survey is based on information supplied by the Fed’s 12 regional banks. The information was collected before April 7.

Reflected tags on Technorati: Blog, Economy, EconWatch.com