Fed chief hints at more action to boost economy
Fed chief hints at more action to boost economy
BLADE NEWS SERVICES BOSTON – Citing the threat of prolonged high unemployment and an economy potentially falling into a dangerous deflationary spiral, Federal Reserve Chairman Ben Bernanke Friday outlined a case for the central bank to take action to bolster economic growth. But the Fed chief also made it clear that there were long-term risks – for the economy and the Fed’s credibility – in …
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