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Market Watch | Monetary policy needs to boost growth: Fed's Evans
Monetary policy needs to help produce the most "robust demand growth" the U.S. can reasonably achieve with appropriate measures for price stability, because of the consolidation of public sector finances that is needed, Chicago Fed President Charles Evans told an audience Monday morning local time in Hong Kong, according to prepared comments.
Bloomberg | Fed’s Little-Noticed Escape Clause Allows for U.S. Growth
Federal Reserve Chairman Ben S. Bernanke is giving himself an escape clause from his latest stimulus steps in case the economy finally gains momentum.
