``The economy has moved beyond the most worrisome downside possibilities,'' says the Atlanta Fed's
``The economy has moved beyond the most worrisome downside possibilities,'' says the Atlanta Fed's Dennis Lockhart, suggesting a decision to cut back on bond purchases could come before year's end.
The Chinese economy is facing a downside risk due to uncertainties brought by the European debt crisis and the country's recent tightening measures, while an economic hard landing is highly unlikely, a senior analyst at a government think-tank has said.