Fed's top 2 goals seem at odds with each other

09/22/2009 | Bloomberg

The Federal Reserve is trying to bolster the economy, but its efforts might be undermined by its goal of stabilizing the banking sector. At the end of its two-day meeting, the Federal Open Market Committee is expected to maintain that growth is being hindered by "tight" credit. The tightening of bank credit is partially because of the Fed's demands that banks raise additional capital and implement stricter lending standards, analysts said.

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