06/10/2012 02:37 pm ET

Christina Romer: The Federal Reserve Needs To Lead The Way

The next meeting of Federal Reserve policy makers, on June 19 and 20, will probably be contentious. The latest employment report, showing anemic job growth for a third consecutive month and an uptick in unemployment, will surely make some Fed members want to take additional expansionary action. Others, however, appear steadfastly opposed.

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