Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Is The Fed Out Of Bullets? [CNN]

Monday, June 21, 2010 - 7:23 AM
From CNNMoney.com
Economists are more nervous about the chances of another recession. And one of biggest fears is that the Federal Reserve may have run out of bullets to fight another downturn.

In my opinion, that's one of many reasons the Fed shouldn't keep the Fed funds rate so low.
1
Ken TuminKen Tumin5,468 posts since
Nov 29, 2009
Rep Points: 125,029
1. Monday, June 21, 2010 - 10:22 AM
(This article may also be of interest; it has mixed opinions of meaning of data and outcome in economy)

Economy Weak, Data Look Even Weaker

http://finance.yahoo.com/banking-budgeting/article/109861/economy-weak-data-look-even-weaker?mod=bb-budgeting&sec=topStories&pos=5&asset=&ccode=
1
MikeMike327 posts since
Feb 22, 2010
Rep Points: 876
Reply