Fed lays groundwork for possible further easing

Count on it. As long as the media outlets continue spin the threat of deflation based on government "crafted" measures, the public will willingly accept more free money based on the misconception that free economic lunches exist. Free economic lessons do not exist. This lesson, unfortunately, tends to be lost within the education process that separates generations.

The Federal Reserve on Tuesday inched closer to fresh steps to bolster a sluggish U.S. recovery, saying it stood ready to provide more support for the economy and expressing concerns about low inflation.

Source: reuters.com