HomeHowever, the FOMC loosely echoed Fed Chairman Ben Bernanke’s Aug. 27 presentation to the Kansas City Federal Reserve Bank’s Jackson Hole symposium, by declaring, “The Committee will continue to monitor the economic outlook and financial developments and is prepared to provide additional Accommodation Katoomba if needed to support the economic recovery and to return inflation, over time, to levels consistent with its mandate.”
October 7th, 2010