Huffpost Business

With Congress Checked Out, Federal Reserve Considers Ways To Goose Economy

Posted: Updated:

Federal Reserve officials, increasingly concerned over signs the economic recovery is faltering, are considering new steps to bolster growth.

With Congress tied in political knots over whether to take further action to boost the economy, Fed leaders are weighing modest steps that could offer more support for economic activity while their target for short-term interest rates is already near zero. They are still resistant to calls to pull out their big guns -- massive infusions of cash, such as those undertaken during the depths of the financial crisis -- but would reconsider if conditions worsen.

Read the whole story at Washington Post

Around the Web

Fed's Fisher: Central Bank Has Done Enough For Economy

Federal Reserve weighs steps to offset slowdown in economic recovery

Hoenig Says Fed Should Raise Benchmark Rate to 1%

How Can You Tell Economists Have a Sense of Humor?

Banks should be taxed on risk, Fed official says