Bernanke says Fed ready to act but short on specifics

Bernanke says Fed ready to act but short on specifics
JACKSON HOLE, Wyoming (Reuters) – Federal Reserve Chairman Ben Bernanke on Friday left the door wide open to a further easing of monetary policy, saying the stagnation in the U.S. labor market was a “grave concern,” but he stopped short of providing a clear signal of imminent action.


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