Bernanke's Dilemma: Avoiding a Recession
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http://biz.yahoo.com/ap/060618/bernanke_honeymoon_over.html?.v=4&printer=1
Dilemma for Fed Chief: How High to Raise Interest Rates Before They Slow Economy
WASHINGTON (AP) -- Four months into the job and the honeymoon is over for Federal Reserve Chairman Ben Bernanke. The stock market is gyrating. Inflation is picking up. Economic growth is slowing down. It's an unsettling picture for Alan Greenspan's successor.
Bernanke has made clear that his biggest concern at the moment is making sure inflation does not spread through the economy. The main remedy is raising interest rates.
Yet that also is Bernanke's dilemma: How high can raise rates go before they slow an economy that already is showing signs of lethargy?
Dilemma for Fed Chief: How High to Raise Interest Rates Before They Slow Economy
WASHINGTON (AP) -- Four months into the job and the honeymoon is over for Federal Reserve Chairman Ben Bernanke. The stock market is gyrating. Inflation is picking up. Economic growth is slowing down. It's an unsettling picture for Alan Greenspan's successor.
Bernanke has made clear that his biggest concern at the moment is making sure inflation does not spread through the economy. The main remedy is raising interest rates.
Yet that also is Bernanke's dilemma: How high can raise rates go before they slow an economy that already is showing signs of lethargy?
작성일2006-06-19 17:54
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