the White House: n" - Slow growth and a weak jobs market mean the U.S. economy will continue to need support from accommodative monetary policy for years to come, a top U.S. central banker said on Wednesday. , according to Reuters. The current shutdown of the U.S. government, caused by a budget standoff between congressional Republicans and the White House, could further delay cuts to the program because the government is no longer producing official data on the economy, he said. By Ann Saphir Boston Federal Reserve Bank President Eric Rosengren said he "strongly and unequivocally" supported the Federal Reserve's unexpected decision last month to keep up its $85-billion-a-month bond-buying stimulus, adding that reducing the program "would have been premature."
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3.10.13