rtokens: The policy-making FOMC is to meet on Sept .
pos: " DT NNP ( NNP NNP NNP NNP ) VBZ VBN VBG DT NN IN JJ NN CC VBG NN NN MD VB DT JJ NN IN JJ JJ NN , " NNP VBD IN DT VBN NN .
tokens: " The FOMC ( Federal Open Market Committee ) has been forecasting a slowing in economic activity and moderating household demand will have a large impact on overall economic growth , " Naroff said in a written comment .
ltokens: Economist Joel Naroff of First Union bank in Philadelphia said consumer spending , which fuels two-thirds of the nation 's economy , may be much slower in the third quarter than in the first half , which should slow economic growth .