Fomc

Just because Bernanke said that the recession is "technically over," that doesn't mean that consumers are feeling too swell or that Fed policy will shift. Here's what I think is on Bernanke's mind right now.

The Federal Open Market Committee has reduced the target fed funds rate by three-quarters of a percentage point, officially entering a very-close-to-zero interest rate policy.

Is Bernanke ready for a new round of 1932-style talk about abolishing the Fed or impeaching its leaders? Because at least three aspects of his Fed chairmanship have generated major controversy.