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With the Federal Reserve's policy-setting body meeting today for the first time in months, Neil Irwin runs down the Fed's various options and how likely each of them is. The takeaway? The Fed isn't likely to do more but isn't likely to do less, either. And because some people thought they were getting ready to do less, saying they're not going to do less is a way of doing at least a bit more.

Got that, grasshopper?

By Ezra Klein  |  August 10, 2010; 10:19 AM ET
Categories:  Federal Reserve  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: CEOs getting more pessimistic
Next: When did 'more economic pain' become a popular position in American politics?


Either it's a very zen Buddhist approach (in which case I approve), or a very gutless approach, in which case I cock my head reproachfully.

Posted by: Kevin_Willis | August 10, 2010 10:40 AM | Report abuse

Ezra, when are they going to realize that
keeping the interest rate at near zero is part of the problem. It hurts seniors and their younger relatives they usually help out in bad times. Painfull government interference and not a peep from anyone!

Posted by: axto188 | August 10, 2010 12:03 PM | Report abuse

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