Tuesday, July 17, 2012

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

USA - Voice of America
usa
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 after reports showed inflation to be relatively mild, while job growth and retail sales were disappointing. Bernanke said the Fed is ready to take further action to bolster growth if needed, but did not announce any specific new steps. The Fed has already ...

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