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The Fed also tamped down its inflation projections for next year and the year after.
The company, based in Los Angeles, made no financial projections for next year.
Shares of eBay fell sharply in after-hours trading yesterday, as investors were not impressed enough by the company's financial projections for next year.
Mr. Daniels said that the administration was not making any specific assumptions in its projections for next year about a recovery in the stock market.
Projections for next year's GDP growth have been shaved back for each of the G7 countries.
Andre Perfeito, chief economist at Gradual Investimentos, said he would lower his projections for next year to 2.4% or 2.5% from 2.7%.
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Global poverty projections for 2020 and 2030".
The main focus will be the inflation projections for 2011.
Projections for 2001 are already being revised downward.
In April, it plans to release maps predicting the water situation for 2020; projections for 2030 and 2040 will follow.
"But in 2015 GDP shrank by 3.8% and the projections for 2016 indicate a similar drop".
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