Wednesday, March 20, 2013

Voice of America: Bernanke Offers Mixed Economic Outlook For US

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Bernanke Offers Mixed Economic Outlook For US
Mar 20th 2013, 23:12

The Federal Reserve has cut its economic outlook for 2013 but says the unemployment rate is likely to fall faster than previously expected.  In a statement following a two-day meeting of central bank policy makers, Fed Chairman Ben Bernanke reassured financial markets, saying long-term interest rates would remain low for the foreseeable future. Despite a strong pickup in manufacturing and a much-improved housing market,  the outlook for the US economy remains mixed.  The ...

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