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Fed officials beginning to debate quietly steps they might take if the recovery falters
CME Markets ^ | 06/15/2010 | CME Markets

Posted on 06/14/2010 9:31:09 PM PDT by The Magical Mischief Tour

Tue Jun 15 00:00:02 2010 EDT

(From THE WALL STREET JOURNAL) By Jon Hilsenrath

Federal Reserve officials are beginning to debate quietly what steps they might take if the recovery surprisingly falters or if the inflation rate falls much more.

Fed officials, who meet next week to survey the state of the economy, believe a durable recovery is on track and their next move -- though a ways off -- will be to tighten credit, not ease it further. Fed Chairman Ben Bernanke has played down the risk of a double-dip recession and signaled guarded confidence in the recovery.

But fiscal woes in Europe, stock-market declines at home and stubbornly high U.S. unemployment have alerted some officials to risks that the economy could lose momentum and that inflation, already running below the Fed's informal target of 1.5% to 2%, could fall further, raising a risk of price deflation.

(Excerpt) Read more at cmemarkets.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
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1 posted on 06/14/2010 9:31:10 PM PDT by The Magical Mischief Tour
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To: The Magical Mischief Tour
If ?

The Gulf Oil Spill crisis alone is enough to send a country into a recession.

I am predicting, A Summer with no Cash, myself.

2 posted on 06/14/2010 9:37:02 PM PDT by justa-hairyape
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To: The Magical Mischief Tour
Well, well. Rather than admit they haven't a clue, the usual suspects are plotting to wreck things further. Now **WHY** am I not surprised?

Bloody effing morons.

3 posted on 06/14/2010 9:37:24 PM PDT by SAJ (Zerobama? A phony and a prick, ergo a dildo.)
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To: The Magical Mischief Tour

You can go ahead and start debating but please keep it down.


4 posted on 06/14/2010 9:37:44 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: The Magical Mischief Tour

Hamenah...hamenah, hamenah!

5 posted on 06/14/2010 9:39:14 PM PDT by Wally_Kalbacken
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To: The Magical Mischief Tour

November 2nd, We the People must clean the sewer.


6 posted on 06/14/2010 9:39:22 PM PDT by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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To: The Magical Mischief Tour

“Federal Reserve officials are beginning to debate quietly what steps they might take if the recovery surprisingly falters...”

####

Unless you are a Leftist media propagandist, why would it be “surprising” if the recovery falters, given that we are currently immersed in a sea change toward socialism and punishing achievement and merit?


7 posted on 06/14/2010 9:43:35 PM PDT by EyeGuy
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To: ExTexasRedhead

I can see November from my house!


8 posted on 06/14/2010 9:44:54 PM PDT by griswold3 (Barack Obama’s First Law of Leadership: “I just work here.”)
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To: The Magical Mischief Tour

“surprisingly” “unexpectedly” ad nauseum

they are so transparent!


9 posted on 06/14/2010 9:45:13 PM PDT by GatorGirl (Eschew Socialism!)
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To: SAJ

They all are homosexual flamers. Who are they kidding? It is obvious government wants the promise of unlimited budget and tyranny, guarranteed jobs and welfare and retirement.

As for the Feds, they want their guarranteed interest rates that they type on fiat paper and fiat terms, much like a lying judge or president will use his pen to sign whatever he wants, unlimitedly.

The media is now turning to Shariah and the government is now supporting directly flaming religions like Islam, because doing otherwise would be criticizing Obama and crashing this house of cards.

Why the businesses keep being needy and cooperating with this incoming disaster can only be explained by the Fed Reserve’s own desperate business keeping which keeps the manufacturing of cash and bogus “unlimited budget” search and “solutions”.

They all should be fired.


10 posted on 06/14/2010 9:45:35 PM PDT by JudgemAll (Democrates Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
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To: The Magical Mischief Tour

They should have been having these discussions a year ago.


11 posted on 06/14/2010 9:45:50 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: blam; TigerLikesRooster

.


12 posted on 06/14/2010 9:46:21 PM PDT by Jet Jaguar (*)
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To: EyeGuy

‘Progressives’ flunked history. Socialism fails every time its been tried.


13 posted on 06/14/2010 9:46:41 PM PDT by griswold3 (Barack Obama’s First Law of Leadership: “I just work here.”)
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To: JudgemAll
Fired? FIRED? Bah!

My recommendation would be a trifle more effective than that, m'FRiend. JUST a trifle.

14 posted on 06/14/2010 9:50:33 PM PDT by SAJ (Zerobama? A phony and a prick, ergo a dildo.)
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To: The Magical Mischief Tour
HUSSMAN: 4 REASONS TO EXPECT A RECESSION
15 posted on 06/14/2010 9:52:36 PM PDT by blam
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To: The Magical Mischief Tour

“Surprisingly”??

They’ll be the only ones who are surprised.


16 posted on 06/14/2010 9:57:14 PM PDT by bigbob
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To: The Magical Mischief Tour
Where do they get this "double" dip nonsense?

It's a single dip; things have not (not) actually improved (just look around), and it's all on Mister Obama.

17 posted on 06/14/2010 9:59:01 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: bigbob

yeah..and I’m sure it will all be “unexpected” as well..


18 posted on 06/14/2010 9:59:14 PM PDT by mo
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To: The Magical Mischief Tour

If they are smart, they’ll sit down shut up, get some tax relief going and do nothing else. Everytime they try to fix it, they make it worse.


19 posted on 06/14/2010 9:59:52 PM PDT by BCR #226 (07/02 SOT www.extremefirepower.com...The BS stops when the hammer drops.)
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To: The Magical Mischief Tour

Just tell the toadies in the liberal state run “media” to continue telling the people living in this country to go back to sleep, everything is fine. So far, 50% are still buying it.


20 posted on 06/14/2010 10:00:40 PM PDT by FlingWingFlyer ("Bush made me do it!" - Barack Hussein Obama)
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