Bernanke says U. S. needs faster growth
WASHINGTON (Reuters) – The U. S. economy needs to grow more quickly to bring the unemployment rate down further, Federal Reserve Chairman Ben Bernanke said on Monday, defending the central bank’s policy of very low interest rates. While he offered no indication the Fed is keen to embark on a third round of bond purchases, Bernanke also made clear the central bank is in no rush to reverse course after responding aggressively to a deep recession. The jobless rate has dropped to 8. 3 percent from 9. . . .
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