(Bloomberg) -- Federal Reserve Chairman Ben S.
Bernanke, who resisted calls for an interest-rate increase when
prices climbed and brushed off arguments for a cut as growth
slowed, can claim vindication as data on the economy reinforce
his case for keeping rates just where they are.
Economists in a Bloomberg News survey unanimously predict
that Bernanke and Fed policy makers will announce today that
they are keeping the benchmark rate at 5.25 percent, where it
has been for a year.
Read more at Bloomberg Currencies News
Bernanke, who resisted calls for an interest-rate increase when
prices climbed and brushed off arguments for a cut as growth
slowed, can claim vindication as data on the economy reinforce
his case for keeping rates just where they are.
Economists in a Bloomberg News survey unanimously predict
that Bernanke and Fed policy makers will announce today that
they are keeping the benchmark rate at 5.25 percent, where it
has been for a year.
Read more at Bloomberg Currencies News
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