The Fed chief has promised to strengthen the dollar

The U.S. Federal Reserve (Fed) is developing measures to create an economic base to strengthen the dollar, said on Thursday, April 28, PRIME-TASS referring to the statement by the head office of Ben Bernanke. "We believe that a strong and stable dollar is in the interests of both the American and world economy", - he said. According to him, "if we do everything necessary to ensure price stability and maximum employment, we can thus create a foundation that will help the dollar in the medium term." Bernanke expressed confidence that the U.S. economy will continue in the next, and in 2013 year. Markets immediately reacted to this statement, the growth stocks. The Fed chief also said that the discount rate of interbank loans, the Fed in its decision on Wednesday once again left a record low of 0 to 0.25% per annum, will continue "for a long time." Experts believe that this is a minimum of 2-3 months. As reported by U.S. media, Fed chief gave a press conference for the first 98-year history of the department. Note that the head of the Federal Reserve in the U.S. is traditionally called the second most important official after the president. In 2009, Ben Bernanke became the man of the year according to the magazine Time. In mid-April 2011 the international rating agency Standard & Poor's lowered its forecast of U.S. long-term rating from stable to negative. The rating outlook "shows a possible direction of movement of the rating in the next two to three years." Now the national debt amounts to U.S. $ 14.294 trillion, nearly 100% of GDP. As experts predict, the budget deficit in 2011 could reach a record $ 1.5 trillion.