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Bernanke Says Fed Ready to Provide Stimulus If Needed

Federal Reserve Chairman Ben S. Bernanke said the U.S. central bank “will do all that it can” to ensure a continuation of the economic recovery and that more securities purchases may be warranted if growth slows.

The Federal Open Market Committee “is prepared to provide additional monetary accommodation through unconventional measures if it proves necessary, especially if the outlook were to deteriorate significantly,” the Fed chairman said today at the Kansas City Fed’s annual monetary symposium held in Jackson Hole, Wyoming.