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"This approach eased financial conditions in the past and, so far, looks to be effective again," Mr. Bernanke wrote, predicting lower mortgage rates, cheaper corporate borrowing and higher stock prices that would encourage consumer confidence.
This, combined with incremental improvement to standards and further innovative technology, will help make the Internet a safer environment, respectful of individual privacy and to encourage consumer confidence in on-line commerce.
Similar(52)
But within a year the Far East was rocked by a series of financial market melt-downs which scarcely encouraged consumer confidence.
"We think it will boost consumer confidence.
Fixed-income investors were encouraged by the consumer confidence report, which could indicate the Fed will be more likely to lower rates at its September meeting.
Further encouraging the market, data showed consumer confidence was the strongest in over five years in May.
So is the drop in joblessness, which should help increase consumer confidence and encourage Germans to take vacations in Spain and Greece, channeling euros to two places that need them.
Retailers said the difficult economic outlook had depressed consumer confidence and encouraged shoppers to stay away from the high street.
Encouraging economic data, showing increased consumer confidence and a narrowing trade deficit, were released on Wednesday.
Encouraging economic data showing rising consumer confidence and a narrowing trade deficit gave the markets a little push, added to rising dividends in GE and Netflix 's new addition to the S&P 500, as traders were forced to reposition their portfolios.
This helps build consumer confidence and encourages customers to trust you for valuable products or services whether they need them now or in the future.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com