Fed's Bernanke: Monetary policy can be 'patient'

Ben Bernanke reiterated on Wednesday that, with interest rates at 45-year lows, monetary policy could remain "patient" particularly in the absence of inflationary pressures in the US.

"Inflation is not even a remote risk in the U.S.," Bernanke said in Geneva at a university event. "Because inflation is so low, monetary policy can afford to be patient to be sure that the recovery is sustained."

In a speech originally given on 4 January, Bernanke said the recent slide in the dollar has had little

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