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Bernanke bets time will heal economy's wounds

Bernanke bets time will heal economy's wounds

Fed chairman Ben Bernanke said Friday the central bank has done all it can to get the U.S. economy back on track. Now it's time to simply wait for it to heal.

 

Bernanke repeats Fed to act if recovery stumbles

Bernanke repeats Fed to act if recovery stumbles

Federal Reserve Chairman Ben Bernanke renewed his promise on Thursday that the central bank could put more monetary stimulus into play if the economic recovery stumbles.

 

Fed looks set for new round of monetary easing

The Federal Reserve looks set to embark on a hotly debated second round of monetary easing next week, but much uncertainty surrounds the scope and pace of bond purchases by the U.S. central bank.

 

Fed officials see high unemployment for years

Unemployment is likely to stay high for a long time, two Federal Reserve officials said on Wednesday, suggesting the U.S. central bank is in no rush to raise its ultra-low interest-rate policy.

 

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