Greg Ip

Articles by The Economist’s U.S. Economics Editor

The economy: It’s all up to the Fed

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The Fed will try to force the economy into orbit with more bond purchases

Oct 14th 2010 | Washington, dc

[Greg Ip] ROCKET science may be out of fashion on Wall Street, but it still has a following at the Federal Reserve. All year long officials there have looked for signs that the economy has reached “escape velocity”: growth that is strong enough to bring down unemployment once the propellants of government stimulus and inventory replenishment are spent.

Such signs remain maddeningly elusive.

The entire  article is linked here.

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Written by gregip

October 14, 2010 at 3:22 pm

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