Bernake holds firm on ultra low rates

Filed under: Press releases, Market matters, Money and Finance Today, Federal Reserve

In a speech at the Economics Club of Washington, Bernake reiterated his position on ultra low interest rates.

His headline quote is that the economy is facing: "formidable headwinds." He then went on to restate his position in detail. For the overall economy, he sees a moderate recovery. Credit remains tight, especially for individuals and small businesses.

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Bernake holds firm on ultra low rates originally appeared on BloggingStocks on Mon, 07 Dec 2009 18:00:00 EST. Please see our terms for use of feeds.

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