Thursday, June 7, 2012

US Fed chairman Bernanke 'ready to act' on economy

Ben Bernanke

The chairman of the US Federal Reserve Bank says he is monitoring risks to the economy and is prepared to take action if necessary.

Ben Bernanke is giving testimony to the US Congress, something which is being closely watched by investors who are looking for signs that monetary policy will be loosened.

But the chairman said aspects of the US economy were holding up.

He gave few hints of any change to policy soon.



Source & Image : BBC

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