KRCB Newsline September 19, 2013
The policy makers surprised them when they announced they would stick with their strategy of easy money. Chairman ben bernanke said the economy is growing at a moderate pace. He pointed to rises in Household Spending and business investment. He said the job market still lacks steam. In evaluating whether a modest reduction in the pace of asset purchases would be appropriate at this meeting, however, the committee concluded that the Economic Data do not yet provide sufficient confirmation of its baseline outlook to warrant such a reduction. Fed officials noted that an uncertain outlook on the d...
Source: archive.org
