WASHINGTON - President Barack Obama and his top economic advisors will meet with Federal Reserve Chairman Ben Bernanke later on Wednesday, White House spokesman Jay Carney said. Carney said the economy has been weaker than White House economists had expected. He said there was no expectation of another recession. "We...continue to believe that the economy will keep growing," Carney said. On Tuesday, the Fed downgraded its assessment of the economic outlook and pledged to keep its benchmark rate near zero. Stocks have sunk in part on the Fed's gloomy outlook. Obama and Treasury Secretary Timothy Geithner remain in close touch with European leaders about the ongoing financial tensions in the U.S. and the euro-zone.
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