![]() Indianapolis Business Journal |
Bernanke makes strong defense of Fed rate policies
Boston.com The Fed needs to drive down long-term borrowing rates because the economy isn't growing fast enough to reduce high unemployment, Bernanke said in a speech to the Economic Club of Indiana. The unemployment rate is 8.1 percent. Low rates could also … Bernanke Spurns Slump Prospect as He Defends Bond Buying Bernanke Says Fed to Keep Rates Low Even After Economy Picks Up US: Bernanke Urges Congressional Support of Economy |