Sunday, February 24, 2013

A ‘Responsible’ Fed Could Hurt the Recovery

http://www.blogger.com/blogger.g?blogID=4089341017201808385#editor

This article discusses how Fed is currently operating in a way that many think is "un-responsible." This "un-responsible act" is really just an aggressive and perhaps slightly risky initiative to stimulate the economy. The Fed has kept short-term interests rates low, and has bought trillions of dollars in securities to help keep long term rates down. This policy has upset some critics. The article also warns that stopping stimulas programs too soon could cause the economy to sink again which would be devastating.

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