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Tuff-Stuff

09/28/10 8:55 AM

#337280 RE: Tuff-Stuff #337279

"The Fed still has a lot of arrows in its quiver" to boost the economy, and needs to focus on managing expectations, Fed's Kroszner says. The Fed should "do enough to satisfy the market that (the economy's) not getting into a disinflation situation, but not do so much that inflation's going to explode," he told CNBC this morning. Some economists, including Nouriel Roubini, believe the Fed is out of bullets.