Wednesday, January 26, 2011

Fed cautious on recovery, focused on joblessness (Reuters)

Federal Reserve Board Chairman Ben Bernanke testifies in front of the U.S. Senate Budget Committee on Reuters - The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has shown some signs of improvement.


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