Fed Watch: Devil’s Advocate
Posted on June 14, 2012 at 15:14 PM EDT
Expectations are building for Federal Reserve action next week. Bloomberg hits on a key point: Chairman Ben S. Bernanke told lawmakers last week the “central question” confronting the Federal Reserve at its next meeting is whether growth is fast enough to make “material progress” reducing unemployment. The answer may well be no… …“They’re not closing that employment gap as [...]
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