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dashes . Jackson Hole speech hope of increasing QE

. Wall Street expects the Fed will consider next month

Federal Reservedashed

The Wall Street with the hope of an immediate boost to the flagging economy of the United States Friday, when its chairman, Ben Bernanke said the central bank was to 'adopt a wait-stimulus charge.

Highly anticipated speech

central banks Bernanke at Jackson Hole in Wyoming has proven to be an anti-climax, as he failed to repeat the announcement in the same place a year ago in which he marked a new dose of the creation of electronic money through easing (QE) quantitative process.

U.S. stocks fell Bernanke spoke, but recovered after investors were reassured that the Fed sees more U. S. QE must continue the fight in the coming weeks. Committee of the Fed's key policy now meet for two days instead of next month to discuss a wide range of options. At midday in New York, the stock had shrugged the initial disappointment in the speech, and official figures show that the world's largest economy grew at an annual rate of only 1% in the second quarter of 2011, a review lower the initial estimate of 1.3%. The Dow Jones Industrial Average rose over 130 points after falling nearly 200 points above.

The Fed chairman acknowledged that the recovery from recession has been slower than anticipated and the outlook for short-term growth of the United States had been affected by the debt crisis in Europe and disputes between Democrats and Republicans in the U.S. budget. He noted that the repetition of party conflict could cause global investors less willing to keep U.S. assets or put money in businesses to create jobs. "Although the issue of fiscal sustainability must be addressed urgently, the tax authorities should not ignore the fragility of the current economic recovery Fortunately, the two objectives of fiscal sustainability -. This is the result of policies of liability provided for in the long run - and avoid creating headwinds for the ongoing recovery action which are not now to implement a credible plan to reduce future deficits in the long term, while d be informed. impact of tax options for recovery in the short term can help to serve two purposes. "

"There have been some positive developments in recent years, especially when considered in light of the economic outlook as seen in the depth of the crisis. In general, the global economy has experienced significant growth, driven by emerging markets in the United States, a cyclical recovery, although modest by historical standards, is in its ninth quarter, "but added:" .. Despite these positive changes, it is clear that the crisis was much less robust than expected. "
A second estimate of the evolution of British growth in the second quarter of 2011 was unchanged from the initial assessment of a 0.2% increase in the activity -. A similar rate of expansion in the euro area and United States

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