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Reflecting the views of their biggest shareholders -- governments of the world's richest countries, led by the United States -- both institutions continued to push poor countries to take steps to stimulate business: privatize industry, improve financial management, embrace free trade.
Despite Friday's losses, the Standard & Poor's 500-stock index advanced 5.8 percent over the last three months, mainly on expectations that central banks around the world would take steps to stimulate their economies.
That, and new data showing a decline in inflation in the euro zone, could prompt the European Central Bank to take steps to stimulate the economy when its Governing Council meets this week, analysts said.
That, along with new data showing a decline in inflation in the euro zone, could prompt the European Central Bank to take steps to stimulate the economy when its governing council meets on Thursday, analysts said.
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His program called for increased tax revenues coupled with spending cuts, and he took steps to stimulate investment.
The price of gold, which since 2009 has often surged as the Fed took steps to stimulate the economy, fell almost 3 percent after Mr. Bernanke's testimony.
Gradually, the ECB has taken steps to stimulate the economy.
Beijing has been taking steps to stimulate the economy amid two consecutive quarters of slowing growth.
As a result, the central bank has been under pressure to take steps to help stimulate a fresh wave of economic growth in Asia's third-largest economy.
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