- FED Bernanke: “Fed is prepared to act as needed”
Market news
7 June 2012
FED Bernanke: “Fed is prepared to act as needed”
deceleration in employment in recent months may indicate that this (jobs) catch-up has largely been completed, and, consequently, that more rapid gains in economic activity will be required to achieve significant further improvement in labor market conditions;
economic growth appears poised to continue at a moderate pace over coming quarters, supported in part by accommodative monetary policy.
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