Baby Boomers Blunt Bernanke Stimulus as They Save for Retirement

Baby Boomers Blunt Bernanke Stimulus as They Save for Retirement

Andrew Harrer/Bloomberg

Fed Chairman Ben S. Bernanke on Oct. 24 reaffirmed a plan to hold the main interest rate near zero at least through mid-2015 and buy $40 billion in monthly purchases of mortgage-backed securities.