US Fed boss promises plenty

26 August 2009 - 02:00
By unknown

US FEDERAL Reserve chairperson Ben Bernanke said yesterday that he would build a solid foundation for growth and prosperity in an environment of price stability, if he was confirmed for a second term.

US FEDERAL Reserve chairperson Ben Bernanke said yesterday that he would build a solid foundation for growth and prosperity in an environment of price stability, if he was confirmed for a second term.

Bernanke, speaking after President Barack Obama renominated him, said the Fed had been challenged by the events of the past few years. - Reuters