9/10/10

FRB of St. Louis: in the second half, the recovery of the U.S. economy will slow

n the second half of this year, restoring the U.S. economy really slows, but in the first half of 2011-th, we expect the return of stable dynamics. Fed, and so did a lot for economic recovery: the rates have long been virtually zero, and the total funds quantitative easing is already up 1.7 trillion dollars. Nevertheless, we consider the new measures in case of worsening economic conditions. I can assure you that any steps will be taken in the key of super soft monetary policy ", - said the air CNBC president of the Federal Reserve Bank of St. Louis, James Bullard.
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