Already dovish, now going on deflation-alert. A tiny first step toward more easing this year.

Today the FOMC will take the first tiny steps down the path to further easing.

It feels like the end of the world. But liquidity is plentiful and stocks are very cheap.

Good news for the euro is bad news for gold, at least in the near-term.

Some small upside surprises -- it's still an "expansionless recovery," not a "double dip."

No depression, and no "double dip." Still it's hard to recover from a great bear market.

It's a test to see if disunited Europe can establish new rules and play by them.

Intel's sales are back above trend -- but that leaves the economy still far below.

Bernanke disappointed the "double dip" crowd, but it was still a step toward more easing.

By ruling out the effect of sovereign default on banks, the EU is ruling it out as a cause.