That would give the Fed less room to cut interest rates, or at least a hard choice to make.
We actually seem to see that the male rats fed more GM corn and more Roundup do better than those fed less.
Since reindeer need to be fed less meat than dogs, locals used the antlered animals to pull their skis and sleds from the 14th Century onward.
The Fed is less likely to screw up in a moment of panic if it has an objective yardstick to tell it how to react to changing economic conditions.
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As the economy accelerates, the risk of deflation recedes, private investment rises and the Fed is less likely to engage in further rounds of quantitative easing (printing money to buy bonds).
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It seems to me the sooner the Fed moves the less it will have to raise rates.
Investors have said the Fed might be less hesitant to roll out additional stimulus measures if inflation is lower.
However, besides Timothy Geithner, few members of the FOMC seemed to internalize that promising unlimited intervention would wind up producing a world in which the Fed actually intervenes less.
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Critics on the other side say the tests are too easy, and that the Fed is concerned less with rigorous accountability and more with reassuring the public about the state of the industry.
He said investors were willing to overlook any concerns that the Fed may be less likely to step up its bond-buying plans, which some investors had expected after a Wall Street Journal article last week raised the prospect of further bond purchases by the Fed.
The Fed will thus feel less pressure to lower rates and pump in more liquidity.
Netflix 4.2% lower, while in something of a curious twist some stocks that would seem to be hurt by a less accommodative Fed were rallying.
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Yet the Fed has seldom seemed less worried by the outlook for prices, perhaps because energy costs seem likely to fall sharply in coming months.
However, the key here is that bond yields have fallen the last two days (meaning prices have gone up) because if Congress were to actually do something about the debt it would mean slower economic growth, a less aggressive Fed, and fewer bonds in the market.
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But despite the more upbeat economic assessment, the Fed also sounded a bit less worried over inflation.
Many Fed watchers had expected a less aggressive quarter-point cut.
Ahead of time, some traders may have worried that recently stronger-than-forecast economic data might have prompted some kind of language from the Fed that could hint at less accommodation, Meger said.
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Fed Chairman Ben Bernanke will speak Friday, less than two weeks after minutes from the latest Federal Open Market Committee showed that the Fed came closer than ever to a new stimulus package during its July meeting.
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In a less gloomy world the Fed might be raising rates to cool the economy.
These broadsides are less threatening to the Fed's independence than they appear.
Ms. Yellen, vice chairman of the Fed, said she would do this even if inflation slightly exceeds the Fed's stated target of less than 2%.
Financial markets are healthier than they were two years ago, so there is less scope for the Fed to give the economy a boost by providing extra liquidity.
It can be done, but it takes huge open market purchases of assets to move the economy much once the Fed funds rate is more or less at zero.
Being a proud man, and only human, it is unlikely that Roberto Marinho acknowledged that his huge audiences were being fed on trash, and even less likely that his lieutenants used such a word in his presence.
They earn less than their better-fed peers over their lifetimes, marry poorer spouses and die earlier.
Following a day that saw negative US Durable Goods Order data and a less-than-optimistic Fed Beige Book report, the combination of euro strength, dollar weakness was no surprise.
Lost in five years of opining on quantitative easing has been a more significant but less known internal debate the Fed has had over an aspect of the relationship between unemployment, GDP, and inflation.
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Thus the monetary impact of Fed activities over the year has been substantially less than implied by the doubling of its assets.
And the Fed may have concluded that American inflation is less sensitive than it was to changes in the rate of unemployment.
Having the discount rate higher meant that, in normal times, borrowing in the Federal Funds market would be less expensive than borrowing from the Fed.
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