Bernanke: Fed will need to tighten policies

10/9/2009 | Yahoo!

Federal Reserve Chairman Ben Bernanke said the central bank cannot indefinitely prop up the U.S. economy. "Accommodative policies will likely be warranted for an extended period," Bernanke said. "At some point, however, as economic recovery takes hold, we will need to tighten monetary policy to prevent the emergence of an inflation problem down the road."

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