Gary Shilling: Fed Strategy Won't Stave off Recession
January 25 — The Federal Reserve's decision to extend its very accommodative monetary policies for another year reflects a view that inflation is much less of a threat than a return to a more crippling recession, says investor and author A. Gary Shilling.
The Fed recently said interest rates will stay very low through the end of 2014, longer than originally thought, while further stimulus measures such as quantitative easing cannot be ruled out. Read more.
