Bernanke: Economy still needs Fed stimulus


Paul Davidson
usatoday.com
July 12, 2013

Federal Reserve Chairman Ben Bernanke said Wednesday the central bank will likely keep at least some of its easy-money policies going “for the foreseeable future.”

Noting that unemployment is still too high and inflation too low, Bernanke said, “both sides of our mandate are saying we need to be more accommodative.”

He spoke about Fed policies in a Q&A session after a speech in Cambridge, Mass., to the National Bureau of Economic Research.

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