Posts Tagged ‘600-billion’

Fed Holds on Rates, Says Recovery Remains ‘Slow’

Tuesday, December 14th, 2010

The Federal Reserve said the economic recovery was still too slow to bring down unemployment, reaffirming its commitment to purchase $600 billion in bonds to stimulate growth and create jobs.

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Fed Holds on Rates, Says Recovery Remains ‘Slow’

Bernanke Says Further Easing Possible if Jobs Don’t Improve

Sunday, December 5th, 2010

The Federal Reserve could end up buying more than the $600 billion in U.S. government bonds it has committed to purchase if the economy fails to respond or unemployment stays too high, Fed Chairman Ben Bernanke said.

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Bernanke Says Further Easing Possible if Jobs Don’t Improve

Fed’s Stimulus Overshadows This Week’s Economic Summit

Monday, November 8th, 2010

This week’s G20 summit in Seoul has been overshadowed by the Fed’s $600 billion stimulus program, which has put US officials on the defensive.

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Fed’s Stimulus Overshadows This Week’s Economic Summit