Bernanke: Fed ready to act if economy worsens (AP)

[DaFozz]

http://us.rd.yahoo.com/dailynews/rs...hoo.com/s/ap/20110714/ap_on_bi_ge/us_bernankeAP - Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation to default on its debt would send "shock waves through the entire financial system."




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