Bernanke: Fed Well-prepared For Stimulus Fallout
Outgoing Federal Reserve Chairman Ben Bernanke said Thursday that the US central bank is well-prepared to handle any risks from its stimulus, such as higher inflation and asset bubbles. Speaking two weeks before he ends his tenure leading the Fed — which included facing the deepest economic crisis since the 1930s — Bernanke again dismissed fears of a well of inflationary pressure building up from five years of easy money policies.
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