Bernanke’s speech on the economic outlook |
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Bernanke signaled the Fed intention to end interest rates easing. “For now, policy seems well positioned to promote moderate growth and price stability over time. We will, of course, be watching the evolving situation closely and are prepared to act as needed to meet our dual mandate”. Bernanke remains alert, but feels more confident that financial instability is receding. “The resulting reductions in funding pressures, together with the increased confidence created by the assurance that
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