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Friday, June 8, 2012

Fed Not Inclined to Act on Economy, Bernanke Says

“Lackluster jobs data and storm clouds on the economic horizon have not yet convinced Federal Reserve officials that growth is slowing, nor that they should respond, the Fed’s chairman, Ben S. Bernanke, said on Thursday.” (New York Times)

Please, Mr. Chairman, no more help!

FEE Timely Classic
“The Federal Reserve System” by Hans F. Sennholz