Bernanke urges the Fed to act to bolster the economy

10/17/2010 | Wall Street Journal, The

Ben Bernanke, chairman of the Federal Reserve, said it is time for the central bank to take action to bolster the economy because inflation is expected to remain below the Fed's 2% target and economic growth is too slow to help the labor market. "There would appear -- all else being equal -- to be a case for further action," Bernanke said.

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