Fed Worries ‘Fiscal Cliff’ Is as Big a Threat as Europe

Does this mean the Fed staffers think fiscal policy works?
How about the Fed Chairman?
;)


Fed Worries ‘Fiscal Cliff’ Is as Big a Threat as Europe

By Steve Liesman

May 10 (CNBC) — Officials at the Fed are increasingly concerned about the coming “fiscal cliff,” putting it on par with the European crisis and the housing market as among the US economy’s biggest threats.