Wall Street Journal (03/05/12) Jon Hilsenrath
U.S. Federal Reserve officials will consider the perplexing economic outlook when they meet next week, but they are not expected to take any new action to boost economic growth. In his January news conference, Federal Reserve chairman Ben Bernanke appeared to favor a new bond-buying program to help drive down long-term interest rates even more, but he also indicated that more purchases would hinge on the nation’s economic performance. The odds of more bond buying would become more remote if growth or inflation pick up.
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