in_the_media
NPR's "All Things Considered" - September 21, 2010
Posted Sep 21, 2010 -- webcomm
Media Outlet:
NPR's "All Things Considered"
Federal Reserve officials said Tuesday that the U.S. inflation rate may actually have fallen too far. The comment came with a generally gloomy assessment of economic conditions at the end of the latest Fed meeting in Washington, and Fed officials stopped short of announcing any new measures to get the economy moving again. "Normally out of the bottom of a recession, growth does start to accelerate. What I see here is from the Fed's point of view, it doesn't see that trend yet," said Kenneth Kopecky, Finance chairman at Temple's Fox School of Business and a former Fed economist.