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Fed's Evans Wants More Easing, Fisher Wants Limits

Wednesday, November 28, 2012 - 5:11 AM
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.

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2
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,077
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.
4
loulou544 posts since
Aug 3, 2010
Rep Points: 3,397
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