Read more : Fed took a softer tone to reassure Wall Street that the Fed was still providing the necessary backstop . As of 2013 , the London unemployment rate was 7.6 % , and Bernanke officials expect it to fall to 7.6 % . ECB has been reluctant to implement a fully-fledged quantitative easing program .
Fed took a softer tone to reassure Wall Street that the Fed was still providing the necessary backstop . As of 2013 , the London unemployment rate was 7.6 % , and Bernanke officials expect it to fall to 7.6 % . ECB has been reluctant to implement a fully-fledged quantitative easing program .