Defending Fed, Bernanke signals new economic stimulus

Published:

Defending Fed, Bernanke signals new economic stimulus
http://www.latimes.com/business/la-fi-bernanke-stimulus
-20120901,0,3013617.story?track=rss

excerpt:
Bernanke's speech prompted analysts to raise the odds that the Fed would undertake another round of bond purchases, perhaps several hundred-billion dollars' worth, at the conclusion of its two-day meeting Sept. 13.

Entry #2,151

Comments

Avatar JAP69 -
#1
Very unlikely congress will give a thumbs up to 100s of billions for another stimulus deal.
Looks like they are using the Fed bank for stimulus action.
By pass congress maybe.

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