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Bernanke says Federal Reserve ready to further stimulate the economy

Federal Reserve Chairman Ben S. Bernanke on Friday laid out a case for the central bank to take further action to bolster growth, citing the risks of prolonged high unemployment and a U.S. economy slipping into a deflationary spiral.

Dow jumps 100 points

Stocks rallied Wednesday as investors continue to anticipate more stimulus measures from the Federal Reserve.

Fed to Buy $1 Trillion in Securities to Aid Economy

The Fed dramatically increased the amount of money it will create out of thin air to thaw frozen credit markets.

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