The Federal Reserve may have more at stake than economic growth as policymakers prepare to meet on rates this coming week.In an interview with CNBC on Thursday, Moodys Analytics chief economist Mark … [+2954 chars]
The Fed 'desperately' wants to avoid a recession because it doesn't want to get blamed: Zandi - Fortune
"Obviously nobody wants a recession. But also in the context of Fed independence, they really don't want to get blamed for going into a downturn because that would impair their ability."
By:Jason Ma
Source:Fortune
Published:
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Major stock indexes were mixed Tuesday on a busy day of earnings, with the S&P 500 rising to a record high but the Dow Jones Industrial Average falling as shares of UnitedHealth plummeted.
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