Federal Reserve officials, increasingly concerned over signs the economic recovery is faltering, are considering new steps to bolster growth. ...
Top Fed officials still say that the economic recovery is likely to continue into next year and that the policy moves being discussed are not imminent. But weak economic reports, the debt crisis in Europe and faltering financial markets have led them to conclude that the risks of the recovery losing steam have increased. After months of focusing on how to exit from extreme efforts to support the economy, they are looking at tools that might strengthen growth.
Tuesday, July 13, 2010
Fed worried about economic double-dip
It appears the Federal Reserve has recently become increasingly worried about the prospect of an economic double-dip: