The Fed Says They Are Focused on Reducing Unemployment; No Inflation Worries

“Federal Reserve Chairman Ben S. Bernanke said the central bank is concentrating “intently” on reducing unemployment and projects inflation to stay under control for the “foreseeable future.”

“For a lot of people, I know, it doesn’t feel like the recession ever ended,” even with the economy growing for two years, Bernanke said today in prepared remarks for a town hall- style meeting with soldiers at Fort Bliss in El Paso, Texas.”

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