Bernanke Sees Weak Jobs, Tight Credit

[guest]

The Fed chief says the central bank has the tools to keep price increases in check, and that inflation could keep subsiding


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[mneilson]

Federal Reserve Chairman Ben S. Bernanke's statement on U.S. economy is definitely encouraging. He has hinted to use all necessary tools to keep the price increase in check and control inflation. I think tightening credit by Banks is good step that makes the US Banks more stronger. The Un-employment has decreased to 10% from 10.2%. and it seems everything is coming back to normal.