Analysis: Bernanke struggles to get ahead of the curve

08/11/2010 | New York Times (tiered subscription model), The

Federal Reserve Chairman Ben Bernanke is striving to get in front of the fragile economic recovery, but he's likely finding it more difficult than expected, and investors are concerned, according to The New York Times. The Fed recently took a step -- albeit one that is mostly symbolic -- toward bolstering the recovery, changing course from its plan to eventually tighten credit. The Dow Jones industrial average responded by falling almost 2.5%, indicating that investors latched onto the central bank's increasingly gloomy outlook rather than its stimulus efforts.

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New York Times (tiered subscription model), The

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