Ben S. Bernanke the Federal Reserve Chairman said that the central bank will be ready to tighten the monetary policy when the economic outlook improves sufficiently. Bernanke added that the accommodative policies will probably be extended in order to support economic recovery.

The FOMC decided to keep interest rates around zero and it pledged to keep the nation's benchmark at the same level to boost the weak recovery, having in mind that the unemployment rate reached 9.8% to signal weakened economic conditions in the U.S.