The Federal Reserve may try to push borrowing costs even lower if the job market continues to languish, Fed Chairman Ben Bernanke said on Thursday, offering a hint of what might trigger additional monetary easing. “We are ready and will act if the economy does not continue to improve…” Bernanke told the House of Representatives Financial Services Committee. – Reuters
Related Articles
The Senate Should Confirm Bernanke But Make the Fed More Accountable, Too
August 25, 2009
Robert Reich
Extreme Measures are Warranted… for Now
December 8, 2009
Accrued Interest
Mr. Bernanke’s Real Friends
July 6, 2012
Scott Sumner
Be the first to comment
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Leave a Reply