Economic Outlook
U.S. Federal Reserve Chairman Ben Bernanke testified about the U.S. economic outlook, saying significant progress had been made in restoring… read more
U.S. Federal Reserve Chairman Ben Bernanke testified about the U.S. economic outlook, saying significant progress had been made in restoring stability to financial markets since a “truly cataclysmic collapse” was averted in September and October. He also spoke about the Federal Reserve’s program to buy up to $300 billion in Treasury Bonds, the state of capital and private capital markets, as well as mortgage and corporate bond markets. He also assured lawmakers the Federal Reserve was focused like a “laser beam” on a strategy to keep inflation low. close
Resources
- May 2009 Jobs Report (PDF)
recovery.gov
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