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10/15/10

Bernanke Preps Markets For Further Fed Action Despite Questions About Impact

Federal Reserve Chairman Ben Bernanke further prepped Wall Street on Friday for another round of Fed activity to lower interest rates despite the risks it poses and questions about its effectiveness.

In a morning speech delivered at a conference organized by the Federal Reserve Bank of Boston, the Fed chairman said that "[g]iven the [Fed's] objectives, there would appear -- all else being equal -- to be a case for further action."

For more: Bernanke Preps Markets For Further Fed Action Despite Questions About Impact

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