Mixed messages from the Fed

Federal Reserve officials have sharply disagreed about monetary policy lately. Here's a look at the different viewpoints among the Fed's voting members.

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Bernanke: Inflation is still tame
Bernanke: Inflation is still tame
The Fed chairman has repeatedly shrugged off rising gas and food prices since the beginning of the year -- saying price increases are likely to be only "transitory."

Ben Bernanke believes the economy is recovering, but very slowly -- and often points to continued weakness in the job market and housing sector.

"Although the economy is recovering, it is still operating well below potential and unemployment remains high," he said in March.

Those views mean the chairman is likely to stand by his original plan to keep interest rates low for an "extended period," and pump $600 billion into the economy by buying Treasuries.

The controversial policy, known as the second round of quantitative easing or QE2, is scheduled to end in June.


NEXT: Fisher: Shift focus to inflation
Last updated April 26 2011: 2:45 PM ET
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