Economists Say Latest Federal Reserve Stimulus Plan Might Do Little Good
Print this Article | Send to Colleague
And speaking of job growth, economists say weak U.S. employment data released last week likely will push the Federal Reserve toward launching economic stimulus. Rising stock prices suggest that investors have reached the same conclusion. But many of those economists say uncertainty caused by the "fiscal cliff" of tax increases and spending cuts set to take effect January 1, 2013 will undercut any benefit from the central bank's stimulus.
Source: Recent article by USA Today which was included in the September 10 AGC SmartBrief e-newsletter. Read more.
|