Tim Duy writes that Felix Salmon believes the debate within the FOMC is already over.

But Salmon also notes that even Democrats are not eager for additional policy action.  If the White House is not willing to push for more, why should Bernanke, especially when it will apparently require him to expend political capital internally?

The White House can't get fiscal stimulus past Republicans in the Senate. The Fed is supposed to be insulated from politics and if deflation does appear, perhaps Bernanke will be more inclined to act. But then again maybe Duy and Salmon are right. To me they seem like the types who want Obama to emote more.