Bernanke keeps markets guessing

In a wide-ranging review of the causes of the turbulence in financial markets and the role of housing finance in triggering it, Ben Bernanke, the chairman of the Federal Reserve, committed the Fed to take action as needed to promote financial stability.

But the chairman combined this with a warning that it is not their job to protect investors and lenders from the consequences of their decisions.

Speaking at Jackson Hole on Friday, Bernanke said: "The Federal Reserve stands ready to take addi

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