Bernanke: Fed Stands Ready to Aid Economy

After a poor jobs report and other troubling economic news, Federal Reserve Chairman Ben Bernanke said Wednesday he is ready to do more to stimulate the economy. Folllowing his remarks, stocks rose after three days of losses. The Dow Jones Industrial Average was up more than 150 points at noon. Bernanke said the nation faces at least two crises, the fiscal budgetary crisis that Congress is trying to tackle and the unemployment crisis. While Bernanke tried to steer clear of the politics of the...Full Story
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