The Federal Reserve threw a lot of money at the crisis to get the gears of the economy turning again, but it may soon be time to collect on the bill.
Federal Reserve Chairman Ben Bernanke gave an update on the Fed's expensive economic rescue package in a keynote address at a monetary policy conference at the Fed building in Washington Thursday evening.
Bernanke and the central bank have been engaged in unprecedented actions over the past year. When the Fed dropped rates to zero in December 2008, it had to get creative to keep the recession from tailspinning into a depression, with the power of its rate-cutting tool taken away.
http://money.cnn.com/2009/10/08/news...ion=2009100819
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