“Fed Official Urges More Stimulus”
“Ballooning U.S. debt is a serious long-term threat, but the economy needs more stimulus now, a top Federal Reserve official said Wednesday.
Fed Vice Chairwoman Janet Yellen said she supported the Federal Reserve’s latest move to stimulate the still-tepid recovery by purchasing long-term Treasuries to drive down interest rates. She also called for more stimulus measures from Congress.” Read more.
“Fed Official Urges More Stimulus”
Karen Pantelides
CNNMoney.com, December 1, 2010.
Image by Catherine Hadler / FreeDigitalPhotos.net.
