Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue September 2014
 •  Univar Signs Deal With Evonik  •  New App Brings Beauty on Demand  •  Estee Lauder Names Senior Vice President  •  Beauty & the East  •  US Senate OKs Sunscreen Innovation Act
Print

US Economy On Track



Published May 22, 2013
Related Searches: care anti hair
Post a comment
Let the good times roll! The US economy is on stronger footing than a year ago, but Ben Bernanke wants to be careful not to squelch the recovery now.

"A premature tightening of monetary policy could lead interest rates to rise temporarily, but would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further," the Federal Reserve chairman told the U.S. congressional Joint Economic Committee today.

The Federal Reserve has kept its key short-term interest rate near zero since December 2008, and expects it to stay there for a "considerable time" as the recovery strengthens, Bernanke said.


blog comments powered by Disqus