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Both Fed officials and outside economists argue that stronger growth requires action by fiscal policy makers.
He said the real drag on the economy was a lack of action by fiscal policy makers.
"They won't rule out anything because they know a lot depends on what the fiscal policy makers do, and that is inherently unpredictable," Mr. Zandi said.
The others he listed include the overhang of mortgage debt, economic problems in Europe and other parts of the world, the aging of the American population and the shortcomings of fiscal policy makers.
The policy statement appears to put the central bank at odds with Indian fiscal policy makers, who have been emphasizing the need for faster growth and have suggested that inflation will soon subside.
What is known is that fiscal policy makers — that is, Congress — have failed to step forward with stimulative policies, largely because Republicans have refused to even consider measures to hire teachers, rebuild schools and otherwise create jobs.
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That's why when the members of Congress return to the Beltway, their job one must be to act as responsible fiscal policy-makers by passing legislation directed at stimulating the economy and creating good paying jobs.
At a time of fiscal austerity, policy makers are raising a thorny question: after centuries of persecution and living on the fringes of society, can the Roma ever integrate into Western Europe?
But with ever-increasing fiscal constraints, policy makers are searching for ways to enhance efficiency of BMP programs.
For Europe's fiscal and regulatory policy makers to do their jobs, it will help immensely if the ECB does its own.Let's start with fiscal consolidation.
Waiting in the wings to replace them are mostly American-owned Internet giants, whose growing presence and smaller contributions to European fiscal coffers worry policy makers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com