Tuesday, July 31, 2012

Economy - Voice of America: US Central Bank Weighing Actions to Boost Weak Economy

Economy - Voice of America
economy-and-business
US Central Bank Weighing Actions to Boost Weak Economy
Jul 31st 2012, 15:42

U.S. central bank officials are meeting in Washington, to consider whether new measures are needed to boost economic growth and cut the stubbornly high jobless rate. Federal Reserve policy makers are discussing options Tuesday and Wednesday before announcing any actions to try to spur the U.S. economy, the world's largest. The American economy only advanced 1.5 percent in the April-to-June period, while the unemployment rate has been stuck for 41 straight months above eight percent, an ...

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