U.S. Economic Outlook and Monetary Policy
Ben Bernanke held a news conference following the quarterly Federal Open Market Committee (FOMC) meeting on current economic projections. He… read more
Ben Bernanke held a news conference following the quarterly Federal Open Market Committee (FOMC) meeting on current economic projections. He said the FOMC may taper off its bond-buying program later in the year if the economic conditions continued to improve, however, as unemployment was still high, the Federal Open Market Committee would keep interest rates low and continue its $85 billion a month bond purchasing stimulus program. close
Resources
- Federal Open Market Committee Meeting Schedule and Notes
Federal Reserve - Federal Open Market Committee Statement
Federal Reservce
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