July 26: Risks of more Federal Reserve action (CNN Money)
July 26, 2012
Federal Reserve Chairman Ben Bernanke will weigh the risks and benefits of further stimulus at a meeting next Wednesday. At this point, the benefits seem slim and the risks uncertain.
NEW YORK (CNNMoney) -- Last week, Federal Reserve Chairman Ben Bernanke told lawmakers that the Fed stands ready to give the economy a boost, should the recovery continue to struggle.
But it's unclear just how effective any further economic stimulus would be. Interest rates are already at record lows, yet ...