Wednesday, May 16, 2012

Fed Ready with More Stimulus

It seems as if the US economy is slowing down, as is the world economy. But the Fed is ready for another round of stimulus.

I get the feeling that the deficit and national debt don't matter anymore and that the country is just going to keep spending until it can't anymore.  You think at some point interest rates would rise - especially if the US credit rating takes a hit.

Fed keeps bond-buying door open
BUSINESS | MAY 16, 2012
Federal Reserve policymakers kept the door open to a fresh round of monetary stimulus, citing downside risks to a moderately expanding economy, accord... Read more

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