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Federal Reserve ready to step in if economy falters again, Bernanke says
The Washington Post: The Federal Reserve would take action if necessary to keep the economic recovery on track, Chairman Ben S. Bernanke said Wednesday, even as he asserted that he expects the expansion to continue.
It was the first time the Fed chairman has publicly opened the door to further policy steps to bolster the recovery, part of a dual message delivered in his high-profile, semiannual testimony on monetary policy: one of cautious optimism about continued growth and recognition that the risk of a faltering recovery has risen in recent months.
