Fed official wants action on stalled economy

Are the chances increasing that the Federal Reserve will take action next month to jolt the struggling economy? Federal Reserve official Charles Evans told CNBC this morning that he favors “strong accommodation” –that is, policies designed to spur lending–to bolster an economy that is presently moving “sideways.” Evans, the president of the Federal Reserve Bank

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Fed official wants action on stalled economy

Posted by on August 30, 2011. Filed under News, Trending News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.