I think that Congress will take action to resolve the problem of the fiscal cliff

Fiscal breakage poses a risk to the U.S. economy in 2013

Inflation is expected to remain below the target level of 2%

It is better to focus on the purpose of the Fed, and not on the methods

The Fed did not do too much and its policy was not too soft

Forecasts suggest that the Fed's policy is "too hard, not too soft"

Fed forecasts for inflation and employment indicate room for further stimulus