Economics
Bernanke Sees More Scope for Easing to Spur U.S. Economy
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Federal Reserve Chairman Ben S. Bernanke said the central bank has the ability to take additional steps to boost the economy.
“There is scope for further action by the Federal Reserve to ease financial conditions and strengthen the recovery,” Bernanke said in a letter dated Aug. 22 to California Republican Darrell Issa, the chairman of the House Oversight and Government Reform Committee.