By JW Jones (via Chris Vermeulen) (Guest Post)
The Federal Reserve is holding a two-day meeting Tuesday and Wednesday of this week. Market participants are expecting the Federal Reserve to prop up financial markets yet again with some grand new plan. The fact is the Federal Reserve is running out of bullets. Interest rates cannot move much lower in terms of the Federal Funds rate, additional quantitative easing seems redundant since Treasury yields are close to all-time lows, and finally a twisting of maturities will do little to alter the current economic conditions. The Federal Reserve is…
***This is a preview. Please click on the post title or go to http://www.econmatters.com for full content. ****
