Fed Considers More Action Amid New Recovery Doubts

98 views · Published 6 June 2012 · 5:30 · Indexed 20 September 2026

Channel: The Wall Street Journal · 2012 · News & Politics

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Disappointing U.S. economic data, new strains in financial markets and deepening worries about Europe's fiscal crisis have prompted a shift at the Federal Reserve, putting back on the table the possibility of action to spur the recovery. Such action seemed highly unlikely at the central bank's April meeting, when forecasts for growth and employment were brightening. At their policy meeting this month, Fed officials will weigh whether the U.S. economic outlook is deteriorating enough to justify new measures to boost growth, according to interviews and Fed speeches. 
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