Fed Set to Downgrade Outlook For US By James Politi in Washington Published: August 8 2010 19:15 | Last updated: August 8 2010 19:15 The Federal Reserve is set to downgrade its assessment of US economic prospects when it meets on Tuesday to discuss ways to reboot the flagging recovery. See the article in FT.com.... http://www.ft.com/cms/s/0/dedcb986-a316-11df-8cf4-00144feabdc0.html