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Bernanke Signals New Rate Cuts

Says central bank 'will act as needed' to further minimize economic risks

By Polly Davis Doig, Newser Staff

Posted Feb 27, 2008 9:15 AM CST

(Newser) – Federal Reserve Chairman Ben Bernanke today said that the board stands ready to cut interest rates again to give the economy "adequate insurance against downside risks," reports the Wall Street Journal. The move, which follows 2.25% in cuts to the key rate... Read full story »

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inflation • Ben Bernanke • housing market • Federal Reserve • energy prices • House Financial Services Committee • testimony • US economy • credit market • Federal Open Market Committee • interest rate cut • labor market

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Bernanke Signals New Rate Cuts

Says central bank 'will act as needed' to further minimize economic risks

inflation • Ben Bernanke • housing market • Federal Reserve • energy prices • House Financial Services Committee • testimony • US economy • credit market • Federal Open Market Committee • interest rate cut • labor market

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