“The Fed could embark on a new round of massive bond purchases, pushing record-low interest rates even lower and making it even cheaper for people to buy homes or refinance their mortgages.  More likely, economists say, the Fed will take the more modest step of extending its plan to keep interest rates near zero for another year, from late 2014 to late 2015.  With Congress paralyzed and awaiting the outcome of the 2012 election, the Fed is carrying the entire burden of trying to keep the economy healthy in the face of many threats. But the central bank is also feeling more political pressure than perhaps ever before.”

http://www.washingtonpost.com/business/economy/bernanke-fed-intends-to-be-forceful-in-supporting-recovery/2012/08/31/47a5c396-f373-11e1-adc6-87dfa8eff430_story.html

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