Reuters: Politics: Paul Ryan says more stimulus from Fed bad idea

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Paul Ryan says more stimulus from Fed bad idea Sep 7th 2012, 14:51 WASHINGTON | Fri Sep 7, 2012 10:09am EDT WASHINGTON (Reuters) - Republican vice presidential nominee Paul Ryan said on Friday that another round of monetary stimulus from the U.S. Federal Reserve would be a bad idea. Ryan's comments in an interview with CNBC came ahead of the Fed's Sept 12-13 meeting, where some economists think the policymakers will unveil another round of bond buying to prop up the country's weak economic recovery. "All this easing is simply, in my opinion, the Federal Reserve trying to bailout bad fiscal policy," Ryan said. "I think the costs are clearly outweighing the benefits of this."

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