The Federal Reserve Board gets together today for the first time since July. A lot of the buzz has been about whose name is going in the hat after Lawrence Summers pulled out of the running for chairman of the board. But there's more.
The Fed has been buying $85 billion of bonds a month to push the economy along. Experts say it's helped. Slowly, says Stephen Oliner, an analyst at the American Enterprise Institute and former staffer at the Federal Reserve Board.
"A lot of that has come through housing market, housing prices and stock prices so that people feel wealthier and are willing to spend," he says.
This week, the Fed might decide to taper that spending. And Oliner says it won't be that big a deal. But how much recovery is enough before the feds cut stimulus spending?
"I think there's still a lot of uncertainty about the strength of this recovery," Oliner says.
"They're living with their parents now, their kids are dropping out of school early, they're now on the disability insurance program," says Michael Greenstone, who teaches economics at MIT.
Greenstone says the fed ought to consider these people too, as it tries to strengthen the jobs market.
This final note, on the way out today.
For decades now, Butterball has had what it calls the "Turkey Talk-Line." It's a toll-free number that's up and running in November and December.
Every year, tens of thousands of Americans call in to talk to one of 50 "professionally trained, college-educated home economists and nutritionists." All of whom have been women.
This year, that'll change. It's hiring its first male spokesman.
The only requirement: "You have to want to help people."
Investigators say they're confident only one gunman was responsible for the deaths of 12 people and wounding of others. The man who authorities say carried out the attack, 34-year-old Aaron Alexis, is also dead after a gun battle with police.