Bernanke Sees `Frustratingly Slow' Jobless Rate Cut

July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said progress in reducing unemployment is likely to be “frustratingly slow.” Bernanke testified before the Senate Banking Committee in Washington. (This is an excerpt from the hearing. Source: Bloomberg)
Abenomics Starting to Look Like a Failure
22:11 - Takuji Okubo, chief economist at Japan Macro Advisors in Tokyo, talks about the nation's economy, government and central bank policies, and the yen. The Bank of Japan’s key inflation gauge slumped to zero for a third time this year, as tumbling energy prices counter Governor Haruhiko Kuroda’s effort to reflate the world’s third-biggest economy. Okubo speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
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