Saturday, March 9, 2013

Bernanke: jobless rate at a Level of 6% is still 3 years away

Bernanke: Tingkat Pengangguran di Level 6% Masih 3 Tahun Lagi

Monexnews-the unemployment rate will probably not reach the level of 6% until 2016, said Federal Reserve Chairman Ben Bernanke in Congress on Wednesday. Bernanke gives testimony for a second day on Capitol Hill continues to maintain the central bank's monetary easing policies and warned Congress against budget cuts issue automatically.

"It seems there is still a bit of unused resources, those who can work, capital that can be used and not used," Bernanke said to the economy.

"We believe that monetary policy is that we have done will help to get the recovery is stronger and more numerous field work than what we have now."

Bernanke said that the Fed's forecasts are the basis of, "because we've helped create more jobs, government jobs is currently providing support to significant economy."

(fsyl)



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Title Post: Bernanke: jobless rate at a Level of 6% is still 3 years away
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Author: Mohammad Zulfi Satriawan

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