Bernanke: With joblessness high, Fed can do more
Chief offers no specific plans
JACKSON HOLE, Wyo. (AP) – Chairman Ben Bernanke sent a clear message Friday that the Federal Reserve will do more to help the still-struggling U.S. economy.
His remarks left two questions: What exactly will the Fed do? And when?
Bernanke described the U.S. economy’s health as “far from satisfactory” and noted that the unemployment rate, now 8.3 percent, hasn’t declined since January.
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