The Federal Reserve faces a fresh set of political hurdles as it lays the groundwork for an exit strategy to the loose monetary policy followed since 2008.
With bruising encounters still ahead in Congress on the confirmation of Ben Bernanke, the Fed chairman, and on the central bank's role in supervision of the financial sector, economists have identified more potential flashpoints related to a future tightening.
Last week the Fed put out for consultation its plan for a term deposit facility, which would pay interest to banks for a fixed period in order to lock up reserves. Term deposits would be one way to tighten policy and to damp the risk of inflation without going as far as increasing interest rates or selling assets.
您已阅读36%（730字），剩余64%（1296字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。