Nation | Economy

Bernanke Defends Fed's Stimulus Policy Of Low Interest Rates

NPR | Feb. 26, 2013 4:05 p.m.

Contributed By:

John Ydstie

Federal Reserve Chairman Ben Bernanke defended the Fed’s easy-money policies on Tuesday, saying the benefits outweigh the risks. He also urged Congress to avoid the sharp spending cuts that are set to take effect Friday.

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