News
Fox News | Fed's moves to aid economy since financial crisis
The Federal Reserve has taken many unprecedented steps in the past three years to try to boost the economy and counter the effects of a financial crisis that triggered a painful recession. It's kept the short-term interest rate it controls at a record low near zero since December 2008.
Blogs
WSJ | Most Primary Dealers See More Fed Stimulus Coming
Most of Wall Street’s biggest banks expect Ben Bernanke‘s Federal Reserve to provide additional monetary policy stimulus to the economy at some point over coming months.
Daily Capitalist | Trouble Ahead: Employment, Inflation, And The Fed
If you believe that the Fed is isolated from political influence you would be wrong. They have always catered to the needs of the existing Administration. The recently released diaries of Arthur Burns (Fed chief under Nixon) detailed his willingness to please the president. I believe Bernanke and the FOMC will respond to the demands of Representatives. Senators, and the Administration to “do something.”
