There are good questions, which Fed officials have noted, about how effective further easing would be. At the same time, there are good questions about why, with a pressing jobs crisis and signs of problematic inflation scarce at best, the central bank isn’t trying everything it can to boost the economy. As the political press devotes more and more of its time to the budget battles on the Hill and the campaign to come, we need some reporters who will ask them.

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Greg Marx is an adjunct lecturer at The Medill School and a facilitator with The OpEd Project. She served as an editorial board member, columnist, library director, and No. 2 in the features department of the Chicago Sun-Times.