The Puzzle of the Fed's Tools

As 2013 draws to a close, a look at some of the Fed’s policy options and the data they are considering.

It's that time of year -- no, not the holidays, but the last meeting of the Federal Reserve's Open Market Committee before 2014. Nowadays the nation's monetary policy makers aren't disagreeing as much about whether the economy needs more or less stimulus. Instead, they are being forced to grapple with far knottier problems relating to the tools at their disposal.

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