Mexican Media Brands
Fed’s Bernanke Indicates Economic Stimulus Likely
Federal Reserve Chairman Ben Bernanke says the central bank's bond-buying programs have provided "meaningful support" to the economic recovery.
#economics
Share
Federal Reserve Chairman Ben Bernanke says the central bank's bond-buying programs have provided "meaningful support" to the economic recovery. He signaled that further such purchases are likely.
Speaking at the Fed's annual conference in Jackson Hole, Wyo., Bernanke says the central bank's $2.3 trillion of bond purchases since 2008 have preserved or created 2 million jobs.
Economists say his remarks solidified expectations that the Fed will decide perhaps as soon as the Sept. 12-13 meeting of its policy makers to resume pumping liquidity into the financial system via bond purchases.
RELATED CONTENT
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.