Tuesday, July 17, 2012

Economy - Voice of America: Bernanke: Reducing Unemployment Frustratingly Slow

Economy - Voice of America
economy-and-business
Bernanke: Reducing Unemployment Frustratingly Slow
Jul 17th 2012, 15:43

U.S. Federal Reserve Chairman Ben Bernanke says the U.S. economic recovery has slowed and it will take a "frustratingly" long time to cut the unemployment rate. The head of the U.S. central bank spoke at a congressional hearing Tuesday after reports showed inflation to be relatively mild, while job growth and retail sales were disappointing. Bernanke said Europe's economy is under "significant stress" which is spilling over to the rest of the world, including the ...

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