At a House committee hearing Wednesday, Federal Reserve Chairman Ben Bernanke defends actions by the central bank to stimulate economic growth, including recently buying billions of dollars of U.S. Treasury bonds.Federal Reserve Chairman Ben S. Bernanke, facing tough questions from Republican lawmakers over inflation and the Fed's policies, on Wednesday defended the central bank's efforts to stimulate the economy by pumping more money into the financial system.
Fed's Ben Bernanke Says He's Not Worried About Inflation
Los Angeles Times - Top News, Los Angeles Times
Wed, 02/09/2011 - 10:15am
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