Jon Hilsenrath is the Wall Street Journal Senior Economics Correspondent and is alleged to have the inside scoop on Fed action plans. In this clip he explains that the Fed is likely to try further easing experiments given evidence of a renewed weakening in the US economy. He reviews some different ideas the Fed may undertake and points out that they could announce new measures as early as next week or the September meeting, but no matter what or when, the Fed is increasingly between a rock and a hard place, likely to disappoint both sides of the political aisle. Here is a direct link.
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