Fed up with the Fed
Early this morning, the Commerce Department released figures showing that economic growth has slowed to an anemic rate of 1.6 percent. Then Fed Chairman Ben Bernanke announced that if the economy continues to deteriorate the Fed will take action. But with unemployment high and consumer confidence low how much can they really do?
Early this morning, the Commerce Department released figures showing that economic growth has slowed to an anemic rate of 1.6 percent. Then Fed Chairman Ben Bernanke announced that if the economy continues to deteriorate the Fed will take action. But with unemployment high and consumer confidence low how much can they really do?
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