Top US Republicans urge Fed not to ease further

By REUTERS
September 21, 2011 01:07

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

WASHINGTON - Top Congressional Republicans on Tuesday took the unusual step of telling the Federal Reserve to refrain from further "intervention" in the economy on the eve of a policy decision by the US central bank.

The group, which included the top two Republicans in both houses of Congress, said the Fed's policies have been ineffective at supporting economic expansion and boosting employment.

"It is not clear that the recent round of quantitative easing undertaken by the Federal Reserve has facilitated economic growth or reduced the unemployment rate," the group said in a letter to Fed Chairman Ben Bernanke.

Related Content

Breaking news
August 17, 2018
U.S. says no rebuilding funds for Syria until peace talks underway

By REUTERS