Rabu, 31 Juli 2013

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US central bank predicts more growth

Ben BernankeMr Bernanke's term ends at the start of next year

The Federal Reserve has maintained its huge bond-buying programme and has predicted a pick-up in growth in the US economy.

It said that it would hold its key rate at near zero and keep buying $85bn (£56bn) in bonds every month to help lower long-term interest rates.

Markets have begun debating when the US central bank may end its asset purchase programme.

Earlier, US economic growth for the second quarter was more than expected.



Source: BBC News - Business http://www.bbc.co.uk/news/business-23524372#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa