Federal Reserve May Weigh More Stimulus on Flagging Recovery Signs

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,” said Perli, director of policy research at International Strategy & Investment Group.

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Posted in * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Federal Reserve, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Politics in General, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The Fiscal Stimulus Package of 2009, The U.S. Government

2 comments on “Federal Reserve May Weigh More Stimulus on Flagging Recovery Signs

  1. Creedal Episcopalian says:

    because it worked so well before……

  2. Jim the Puritan says:

    Amazing how those promised “cuts” work now that they have again been given the green light to keep on running up the credit cards!