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Fed Chief Sees Long Road Back To Economic Health

Monday, August 2, 2010 - 7:45 PM
http://finance.yahoo.com/news/Fed-chief-sees-long-road-back-apf-2865420090.html?x=0&sec=topStories&pos=7&asset=&ccode=
"We have to be careful about tightening too quickly in the near term -- we can maintain some continued support for the economy in the very near term," Bernanke said.

Economists said the Fed is all but certain to hold rates at record lows when it meets on Aug. 10 and repeat a pledge to keep them there for an "extended period."

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MikeMike327 posts since
Feb 22, 2010
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