Fed's Bernanke sees U.S. expansion continuing

US - One of the Federal Reserve board's newest governors said this weekend that while the U.S. expansion should keep going, the Fed must be on guard against acute weakness.

At a gathering of global central bankers here, Fed governor Ben Bernanke said that the Fed was fully aware of risks to the U.S. expansion but said he anticipated steady growth.

"The most likely scenario is that the economy will continue to recover but at a not robust pace," Bernanke said. "The fundamentals are in place for a