(RTTNews) - The Federal Reserve is prepared to take further action to jump start the sluggish U.S. recovery, the nation's top central banker told lawmakers Tuesday morning.
However, Fed Chairman Ben Bernanke offered no hints that the central bank is specifically planning another round of quantitative easing.
"Reflecting its concerns about the slow pace of progress in reducing unemployment and the downside risks to the economic outlook, Continue reading "Bernanke: Fed Ready To Act, But No Mention Of QE3"
