Bernanke says Fed ready to act but short on specificsReuters
Aug. 31, 2012
'These People Are Waging War On Us!' Tommy Robinson Schools Reporter At Scene Of London Terror Attack
Al Jazeera Viewers 'Reacted To London Terror Attack With Joy'
Erdogan Threatens Europeans: You 'Will Not Walk Safely On The Streets'
Trump Was Right: Jewish Teen Arrested For Bomb Threats To Jewish Centers
Anti-Trump Jewish Man Arrested For Spray-Painting Swastikas On Own Home
JACKSON HOLE, Wyo., Aug 31 (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday left the door wide open to a further easing of monetary policy, saying the stagnation in the U.S. labor market was a "grave concern," but he stopped short of providing a clear signal of imminent action.
His stark language gave a temporary lift to U.S. stocks, but economists walked away from the Fed chairman's remarks still divided over whether the central bank would launch a fresh round of bond purchases at its upcoming meeting in September.