It was pointed out that the economic revival will not be able to bud new jobs. The Federal Reserve officials stated that recovery might not prove very helpful in producing enough jobs or inflation to alter the assurance of Federal Reserve of lessening the interest rates in their meeting this month.

It was pointed out by the Federal Reserve Chairman Ben S. Bernanke that the economic revival is receiving a strong opposition from problems like elevated unemployment and timid construction, as they pose a restrain for the healing economy. He also highlighted the plans of the Federal Reserve to keep the cost of borrowing lesser for a long period of time.

Earlier last week, the Regional bank Presidents William Dudley and Jeffrey Lacker of Richmond said last week, that they aren't prepared to alter the Federal Reserve's statement that will introduce to the elevation of the federal funds rate from its current level.

Also, according to the regional survey of the Federal Reserve termed as Beige Book, the economy swelled up a little in the last month in US, and that although the labor market was not that strong, it witnessed some hiring in "temporary staff" mostly.

The introduction of some new economic predictions is scheduled to be disclosed in the meeting that is to be held on April 27-28.