Thus, some analysts believe that the Fed may be forced to ease credit further.
The central bank chief showed a willingness to allow the money supply to grow at a faster rate, a move that would ease credit.
The central bank earlier this week acted for the third time since June to ease credit.
Bond prices rose on the report, as traders hoped the Fed would ease credit in response.
And they say the Federal Reserve will be reluctant to ease credit further.
In any case, he added, "the Fed can not ease credit with energy prices and inflation climbing each day."
Such indications could spur the Fed to ease credit further.
With most of the English-speaking world in recession, those central banks have been easing credit.
We think the next move by the Fed will be to ease credit.
Yes, we are among those who believed the Fed did move to ease credit this morning.