Slipping indicators may nudge Federal Reserve Chairman Ben Bernanke and his colleagues at the Fed to take action.
While it's easy to try to throw out predictions, it will be difficult to tell exactly how much more easing will help the economy. "I think [earlier easing] was quite effective in keeping rates lower for longer," says Canally. "But what would the economy have done had they not done that, we'll never know."
Danielle Kurtzleben is a business and economics reporter for U.S. News & World Report. Connect with her on Twitter at @titonka or via E-mail at dkurtzleben@usnews.com.
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