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Fed chairman reassures, OECD frets about 'social scars' from unemployment


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Fed chairman reassures, OECD frets about 'social scars' from unemployment

Federal Reserve chairman Ben Bernanke, in his bi-annual testimony to Congress, managed to reassure markets on a stimulus windown without promising them anything. He stressed that everything depends on the US economy and the policy is not set in stone.

Though the Organisation for Economic Cooperation and Development believes unemployment will continue to fall, it also says “the social scars of the crisis are far from being healed”.

The European Union wants to put a limit on card transaction fees, which it considers are way too high.

In this edition of Business Weekly we look all those issues and discuss them with Nejra Cehic from Bloomberg.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

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