Economics
Bernanke Sees Easing Options While Not Specifying Them
This article is for subscribers only.
Federal Reserve Chairman Ben S. Bernanke told lawmakers the central bank has options for further easing while declining to specify them, and he described risks ranging from Europe’s crisis to fiscal tightening in the U.S.
“If we decide that further action is required, then of course we have to decide what action is appropriate or what communications are appropriate,” Bernanke said to the Joint Economic Committee today. “We do have options that we can consider.”