Bernanke signals desire for more Fed stimulus
- Published: 31 Aug 2012 at 21.48
- Online news: World
US Federal Reserve Chairman Ben Bernanke expressed deep worry over the US economy and unemployment Friday, sending a strong signal that he wants the central bank to take fresh action to stimulate growth.
US Federal Reserve Chairman Ben Bernanke, pictured in June 2012, expressed deep worry over the US economy and unemployment Friday, sending a strong signal that he wants the central bank to take fresh action to stimulate growth.
Warning that stagnation in the labor market was "a grave concern," Bernanke defended the Fed's interventions of the past four years and signaled he would be pushing for more help for the economy when the Fed's policy board meets in 12 days.
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