Bernanke outlines steps Fed might take to boost economy:

12/2/2008 | Wall Street Journal (free content), The · Bloomberg

As the National Bureau of Economic Research announced that the U.S. has been in recession for nearly a year, Federal Reserve Chairman Ben Bernanke said further reductions in interest rates are "certainly feasible." However, the Fed doesn't have a lot of room to maneuver with the benchmark rate already at 1%, so Mr. Bernanke emphasized other tools.

View Full Article in:

Wall Street Journal (free content), The · Bloomberg

Published in Brief: