WASHINGTON (AP) — The Federal Reserve has a more downbeat outlook on the U.S. economy for 2013 and 2014 than it did three months ago.

The Fed predicts that the economy will grow just 2 percent to 2.3 percent this year, down from its previous forecast in June of 2.3 percent to 2.6 percent growth.

Next year’s economic growth will be a barely healthy 3 percent, the Fed predicts.

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