Friday, August 27, 2010

Bernanke: Fed will take action if economy falters

Here it comes. It's not a matter of if but when. History suggests that the action will take place during panic rather calm.

Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of deflation were to flare.

Source: finance.yahoo.com

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