Fed's Lockhart: Fed can take more steps if needed
(Reuters)
<p><img src="http://d.yimg.com/img.news.yahoo.com/util/anysize/130,http%3A%2F%2Fd.yimg.com%2Fa%2Fp%2Fnm%2F20090219%2F2009_02_19t133549_450x338_us_fed_lockhart.jpg?v=2" align="left" height="97" width="130" alt="Director of the Federal Housing Finance Agency James Lockhart speaks during a news conference about a plan to ease mortgage payments for troubled borrowers through mortgage finance giants Fannie Mae and Freddie Mac in Washington November 11, 2008. (Joshua Roberts/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090219/bs_nm/us_fed_lockhart)Reuters - Bold official action to tackle the U.S. recession will restore growth later this year but the Federal Reserve can still do more if a recovery fails to appear, a top Fed policy-maker said on Thursday.</p><br clear="all"/>
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