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Bernanke’s stimulus spurring U.S. employment in housing

Posted on 25 February 2013

Federal Reserve Chairman Ben S. Bernanke has something to tout before Congress in hearings this week: job growth in the auto and housing industries.
Consumers rely on loans to buy cars and homes, so these segments of the economy are among the most responsive to Bernanke’s strategy of holding interest rates low and pressing on with bond purchases of $85 billion a month………………………………………..Full Article: Source

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