Bernanke Says Fed Prepared to Act as Needed to Aid U.S. GrowthFederal Reserve Chairman Ben S. Bernanke said central bankers “remain prepared” to act as needed to aid
growth even as they get ready to eventually raise interest rates from almost zero and shrink a record balance sheet.
While Fed officials plan for the exit, “we also recognize that the economic outlook remains unusually uncertain,”
Wednesday, July 21, 2010
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