Saturday, June 18, 2011

More Fed Stimulus? Don't Count on It

Tom Petruno, Los Angeles TimesThis isn't where Federal Reserve Chairman Ben S. Bernanke hoped to be in mid-2011. Just as the Fed is wrapping up its $600-billion bond-buying program aimed at boosting the economy, the recovery is weakening again, stock prices are slumping and Greece's fiscal meltdown is threatening to fuel another global financial crisis.

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