Financial Times FT.com

Bernanke sees slow jobs growth

By Krishna Guha in Washington

Published: December 7 2009 21:14 | Last updated: December 7 2009 21:19

An upbeat Ben Bernanke dampened market speculation on Monday that Friday’s much stronger-than-expected jobs report could lead to a rapid recalibration of Federal Reserve policy.

The Fed chairman told the Economic Club of Washington: “Though we have begun to see some improvement in economic activity, we still have some way to go before we can be assured that the recovery will be self-sustaining.”

Ben Bernanke addresses the Economic Club of Washington

Ben Bernanke addresses the Economic Club of Washington on Monday where the Federal Reserve chairman appeared to be in jocular mood

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