Fed Willing To Risk Recession This Time

The Fed?s intervention with its QE2 quantitative easing program last year to boost the faltering economy seems to have only delayed the business cycle. Here we are a year later, and the economy is in worse shape than last summer. Yet in his much anticipated policy speech on Friday, Fed Chairman Bernanke said the Fed will do nothing for now, but will take another look at conditions at its FOMC meeting on September 22.

Source: http://www.forbes.com/sites/greatspeculations/2011/08/26/fed-willing-to-risk-recession-this-time/

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