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The Fed Will Not Stand Down Until Recovery Is Assured06-22-09 | News

The Fed Will Not Stand Down Until Recovery Is Assured




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The Federal Reserve has been a dominant force in the battle against financial chaos and the threat of depression, and Chairman Ben Bernanke has repeatedly assured the markets that the central bank will not stand down until these battles have been won. - Courtesy of www.Wikimedia.com


Keep optimistic because the Federal Reserve will do whatever it takes to get our country out of the current recession. Recovery is on the way for the landscape industry. The Fed has pushed conventional monetary policy to the limit, driving the federal funds rate essentially to zero and publicly committing to maintain that position for an extended period.

It has developed a range of policy innovations, including unconventional measures that employ the unlimited power of its balance sheet to maintain credit flows in sectors of the economy that need it the most ?EUR??,,????'??+ including the agency-related home mortgage market and the private asset-backed securities markets for consumer loans and commercial mortgage-backed securities. ?EUR??,,????'??? Courtesy of National Association of Home Builders

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