Tue, 27 Mar 2012 09:11:27 GMT
Bernake cautious about further improvements in labour market
Ben Bernake, Federal Reserve Chairman pointed out on Monday that further upturn in labour market may lag. Although job market may self-recover, there are not enough persuasive evidence of that, Bernake claimed. Therefore central bank will keep monitoring upcoming developments in US economy, he added. Investors anticipated Bernake's announcement as a signal Fed is likely to maintain its loosen monetary policy.