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The U.S. economy needs more fiscal stimulus

Release Date:2012-05-05  Hits:413
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San Francisco Fed President Williams said that even if the unemployment rate sharply rising and growth slowing, the Fed or the need for further rate cuts; In fact, compared to the current economic situation in January is more optimistic World steel pipe network editing , there is no need to introduce more monetary measures. He pointed out that the U.S. consumption and income are to improve the housing market is also positive signs.



Dallas Fed President Fisher noted that "monetary policy is a very limited tool, monetary policy alone is not sufficient to create enough jobs to sustain U.S. economic growth. He also warned that the Fed more stimulus measures for the financial decision-makers to pass the error message, and the Fed "to reverse the operation plan to disrupt the pricing of the bond market. However, he stressed, to "reverse operation" does the federal government can borrow funds at a lower cost.


Dallas Fed, San Francisco Fed President April 30, respectively, in addition to its ultra-loose monetary policy of the Federal Reserve World Pipe network informed, the U.S. economic recovery to cope with the need for more fiscal stimulus measures.



Williams stressed that the support of the U.S. economic recovery by Fed policy alone mode needs to be changed, "the Fed has always stressed the relaxed tone in the first four months of 2012, the U.S. economy and the pace of recovery has begun to slow down is a good proof .

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