Talkin' Tough: "We'll give you your 25 points, but don't expect any more."
The crucial language is this:
"The Committee judges that, after this action, the upside risks to inflation roughly balance the downside risks to growth. The Committee will continue to assess the effects of financial and other developments on economic prospects and will act as needed to foster price stability and sustainable economic growth."
[Thanks to Colbert and theweeklydonut.org for the photo.]
Let the markets be forewarned.
On the other hand, how much would you like to bet that the Fed will pony up any credit the whiners need, as soon as push comes to shove.