Items Tagged with 'Policy'

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  • Bernanke Stresses Long-Term Optimism

    Speaking at the Federal Reserve Bank of Kansas City Economic Symposium, Federal Reserve Chairman Ben Bermanke noted significant challenges faced by the economy in the long-term but highlighted optimism that the growth fundamentals remain in tact. Even in light of substantial efforts by the Fed to fuel recovery from the recession, Bernanke said, the recovery has been weaker then expected and economic growth has not be sufficient to reach sustained reductions in unemployment.  As the economy overcomes some temporary factors, such as a run-up in commodity prices on consumer and business budgets, and the impact of the Japanese disaster
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