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Keyword: pickmeup

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  • Fed to weigh pick-me-up for flagging recovery (clear signal it is prepared to print more money)

    08/06/2010 5:06:22 PM PDT · by NormsRevenge · 3 replies · 1+ views
    Reuters on Yahoo ^ | 8/6/10 | Mark Felsenthal
    WASHINGTON (Reuters) – The Federal Reserve on Tuesday may send a clear signal it is prepared to print more money to support a faltering economic recovery if necessary. The central bank is widely expected to renew its vow to keep rates near zero for "an extended period" and markets will watch closely for signs officials are growing more concerned the recovery is at risk or that there is danger of falling into a damaging vicious cycle of falling prices and slowing growth. Evidence the already sluggish recovery has lost momentum has shifted discussion at the U.S. central bank from exit...