Wednesday, November 28, 2012 - 5:11 AM

Fed's Evans Wants More Easing, Fisher Wants Limits

From Reuters

Deep divisions at the Federal Reserve were on display on Tuesday, just two weeks before the U.S. central bank's next policy-setting meeting, with one top Fed official pushing for more easing, and another advocating limits.

KenBDG5,151 posts since
Nov 29, 2009
Rep Points: 117,113

1. Wednesday, November 28, 2012 - 9:51 PM

I am not sure about deep divisions. The doves seem to be firmly in control of the Fed for the foreseeable future. I really don't see the connection between printing trillions of dollars and lower unemployment. It may have a temporary palliative effect but the morning after comedown could be very problematic.

lou352 posts since
Aug 3, 2010
Rep Points: 1,990