Fed’s Williams slips in a plug for a fiscal response

So look what slipped into a Fed statement: *DJ Fed’s Williams: Current Economic Conditions Call For Strong Fed Response *DJ Williams: Weak Total Demand Calls Supports Fed Policy Action *DJ Williams: Sees Value In Targeted Stimulus Actions *DJ Williams: Mortgage Bond Buying Has Helped Housing Market *DJ Williams: Fiscal Actions May Also Help Revive Housing, [...]

So look what slipped into a Fed statement:

*DJ Fed’s Williams: Current Economic Conditions Call For Strong Fed Response
*DJ Williams: Weak Total Demand Calls Supports Fed Policy Action
*DJ Williams: Sees Value In Targeted Stimulus Actions
*DJ Williams: Mortgage Bond Buying Has Helped Housing Market
*DJ Williams: Fiscal Actions May Also Help Revive Housing, Aid Economy
*DJ Williams: Fiscal Stimulus May Be More Potent Than Monetary Policy Now
*DJ Williams: Housing Has Hurt Economy, Not Sole Cause Of Slow Recovery

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