Federal Reserve: Federal Reserve Chairman Ben Bernanke

Federal Reserve Chairman Ben Bernanke: Stocks rose on Wall Street Monday as investors judged that the economy still isn't growing fast enough for the central bank to cut back on its stimulus program, according to CTV. The Standard Poor's 500 index logged its first monthly decline since October last month after investors were unsettled by comments from Federal Reserve Chairman Ben Bernanke. Bernanke said last month that the Fed could ease back on its stimulus later this year and end it next year, providing the economy continues to recover and Investors have stopped worrying about the Federal Reserve. At least for now. U.S. manufacturing grew modestly in June after a pickup in new orders and stronger production, according to a private survey. The Institute for Supply Management said its factory index increased to 50.9 in June from 49 in the previous month. (www.immigrantscanada.com). As reported in the news.