Federal Reserve officials sounded optimistic in their statement Wednesday, but there was no sign that they intend to raise interest rates any time soon. That's because they're missing an important prerequisite: a sustained, solid turnaround in economic growth.
The rash of bad economic news throughout the first quarter was capped Wednesday by the Commerce Department report that U.S. gross domestic product barely grew, rising at a 0.2 percent annualized pace in the first three months of 2015.
