Fed again poised to cut longer-run interest rate forecast

By Ann Saphir and Jonathan Spicer SAN FRANCISCO/NEW YORK (Reuters) - U.S. Federal Reserve policymakers are set this week to again cut their forecasts for how high interest rates will need to go in an economy where output, productivity and inflation are growing at a slower pace than in past decades. The Fed, however, still insists low interest rates and its large balance sheet of bonds are sufficient to continue bolstering economic growth. The Fed is expected to leave its benchmark overnight