Fed chief scolds Congres on debt ceiling showdown - The Washington Post: Even as he underlined the prominent part that Congress can play in fostering — or jeopardizing — the nation’s economic health, Bernanke gave no sign that the Fed, for its part, was preparing to take new steps to bolster the flagging recovery.
That reticence disappointed some investors and market observers, who had expected Bernanke to use the speech to signal new Fed moves to try to boost growth, such as resuming the purchase of vast sums of bonds to pump money into the economy.
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