Posts Tagged ‘ Ben S. Bernanke ’

Dollar Down after Bernake Projects No Change in Securities

Apr 28th, 2011 | By
Dollar Down after Bernake Projects No Change in Securities

The dollar fell to a 16-month low against the euro after Federal Reserve Chairman Ben S. Bernanke announced that the Fed’s Federal Open Market Committee (FOMC) will to continue expanding its holdings of securities in order to maintain price stability and promote employment. The Fed feels that although the economy is recovering in some sectors,
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