Sun, Aug 21, 2011 - Page 9 News List

Fed may have bullets left, but are they blanks?

While the Federal Reserve still has a few tools left at its disposal to try and kick-start the US economy, some investors fear that the growing politicization of Fed policy could impair its independence

By Steven Johnson  /  Reuters, NEW YORK

“I think quantitative easing is only creating the illusion of prosperity, but my job is to trade that illusion,” he said. “That makes me bullish stocks.”

ADDITIONAL REPORTING BY BURTON FRIERSON

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