Thu, 13 Dec 2012 13:40:57 GMT
Ben Bernanke introduces new tools to fight with unemployment
Ben Bernanke, chairman of the Federal Reserves Bank, announced yesterday an additional stimulus tool by purchasing $45 billion treasuries every month, expecting that would help to boost economic growth, but pushing the Fed's balance sheet from $2.86 trillion to $4 trillion by the end of next year. Also, Bernanke said that the key interest rate will stay unchanged until the