Tuesday, 2 August 2011

Fed Weighs Stimulus on Flagging Recovery

Torres & Zumbrun, Bloomberg
Federal Reserve policy makers may start weighing additional steps to prop up the recovery after growth fell below 1 percent in the first half of this year and economists began cutting second-half growth forecasts.“At a minimum, the FOMC will have a serious debate about the policy options -- what they should do, and what they expect to get from it,” said Roberto Perli, a former associate director in the Fed’s Division of Monetary Affairs, referring to the Federal Open Market Committee. “Growth in the first half was dangerously close to zero,”...

Source: http://www.realclearpolitics.com/2011/08/02/fed_weighs_stimulus_on_flagging_recovery_260642.html

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