Fed offers bleak economic outlook

peaceandlove · 02-20-2009, 08:43 PM

Fed offers bleak economic outlook

International Herald Tribune

By Jack Healy Published: February 19, 2009

Excerpt:

The Fed released the minutes as its chairman, Ben Bernanke, defended the intense measures it had taken to try to revive frozen credit markets and restore confidence among borrowers and lenders. The Fed has expanded its balance sheet to $2 trillion, demonstrating a willingness to print money to try to fight the downturn.

Complete article: http://www.campaignforliberty.com/wire.php?view=2862

02-20-2009, 08:43 PM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Fed offers bleak economic outlook Fed offers bleak economic outlook International Herald Tribune By Jack Healy Published: February 19, 2009 Excerpt: The Fed released the minutes as its chairman, Ben Bernanke, defended the intense measures it had taken to try to revive frozen credit markets and restore confidence among borrowers and lenders. The Fed has expanded its balance sheet to $2 trillion, demonstrating a willingness to print money to try to fight the downturn. Complete article: http://www.campaignforliberty.com/wire.php?view=2862