FED’s Duke says current mon policy is appropriate but faces up and downside risks

Market news

6 January 2012

FED’s Duke says current mon policy is appropriate but faces up and downside risks

US will "most likely continue on a path of gradual recovery in 2012" but hsg market is a drag on recovery
Credit headwinds are subsiding but EZ global strains are a downside risk
Mentions Fed white paper on hsg without endorsing a solution

European stocks closed in different way: FTSE 100 5,650 +25.42 +0.45%, CAC 40 3,137 -7.55 -0.24%, DAX 6,058 -38.07 -0.62%

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