However, with such acute pain receding, the emerging and commodity-exporting economies are recovering faster than envisaged around early spring. The real GDP growth rate for the April-June quarter of 2009 was high in many countries including South Korea, Taiwan, and Brazil. China and India have also been regaining high growths. Going forward, those countries are expected to maintain relatively high growth rates.
They are critical to entering and completing advanced degree programs. They help navigate the professional landscape. And they will offer both support and advice as you advance in your career. And we do hope that for some of you, that path is economics, and you will make the Federal Reserve a stop along the way. Thank you for joining us and enjoy the day.