immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Fed: Ben Bernanke

Ben Bernanke: When he takes questions this week after a Federal Reserve meeting, Chairman Ben Bernanke will confront investors' fears that rates are headed higher, according to Times Colonist. Bernanke cautioned that the Fed would slow its support only if it felt confident the job market would show sustained improvement. And earlier in the day, he said the Fed must take care not to prematurely reduce its stimulus for the still-subpar economy and WASHINGTON - Is the era of ultra-low interest rates nearing an end? Financial markets have been gyrating in the 3 1/2 weeks since Bernanke told Congress the Fed might scale back its effort to keep long-term rates at record lows within "the next few meetings" earlier than many had assumed. (www.immigrantscanada.com). As reported in the news.