Friday, April 29, 2011

For the Fed, A Narrowing of Options

Floyd Norris, New York Times
The American economic revival stumbled in early 2011. Could that be more than the “transitory” phenomenon that Ben Bernanke, the chairman of the Federal Reserve, called it at his news conference this week? Chinese steel prices have fallen recently, which may only represent a government effort to hold down inflation. Go to your Portfolio »Ben Bernanke, chairman of the Federal Reserve, at the first scheduled press conference in the central bank's history on Wednesday. It makes sense to think the pause...

Source: http://www.realclearpolitics.com/2011/04/29/for_the_fed_a_narrowing_of_options_254602.html

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