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unemployment, central bank
(Image from article: "Bernanke says Federal Reserve ready to further stimulate the economy")

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Euro Watch: Euro Zone Unemployment Rose to New Record in February

The data is likely to put pressure on the European Central Bank to cut interest rates at its next meeting.

 

Fed to Hold Rates Down Until Jobless Rate Is Below 6.5%

The central bank said Wednesday that it would maintain short-term interest rates near zero, even after it stops buying bonds, for as long as the unemployment rate stayed above 6.5 percent.

 

Bernanke says Federal Reserve ready to further stimulate the economy

Bernanke says Federal Reserve ready to further stimulate the economy

Federal Reserve Chairman Ben S. Bernanke on Friday laid out a case for the central bank to take further action to bolster growth, citing the risks of prolonged high unemployment and a U.S. economy slipping into a deflationary spiral.

 

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