The Federal Reserve Chairman Ben S. Bernanke declared Central Bank of the United States was prepared to give aid, nor the currency exchange currency swap to withstand the impact of the debt crisis in Europe. The Fed will take this step if necessary to maintain financial system stability and the world economy.Bernanke expressed this when the Budget Committee hearing with American Parliament. "In international cooperation, we have provided an important signal to global financial markets, that we will take steps if necessary, in order to ensure stability and ongoing economic recovery," Bernanke said.
This step further Fed Ben, will provide a light impact to the recovery and economic growth in the United States. Especially if financial markets continue to stable world. "
Ben reiterated that the current U.S. economic recovery took place peacefully, especially in commercial real estate marketplace and residence. He also warned that policy makers rose by continuing to reduce the budget deficit figures in the long term.
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