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In a statement released Monday morning, Federal Reserve Chairman Ben Bernanke said he welcomes the rescue package bill agreed to by U.S. lawmakers and that it should help stabilize the financial system. "This legislation should help to restore the flow of credit to households and businesses that...
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Testifying on the state of the economy before the Joint Economic Committee in Washington D.C., Fed Chairman Ben Bernanke said there are "grave threats" to financial stability in the U.S. Bernanke warned that downside risks to the economy and upside risks to inflation are of significant concern...