Bernanke holds first press conference


Ben Bernanke, the chairman of the Federal Reserve, on Wednesday became the first head of the US central bank to brief the press.

In the first-ever news conference held by a sitting chairman, which included a question-and-answers session with reporters, Bernanke said "non-monetary factors" would largely determine the economy's long-run progress and noted an acceleration in output growth was anticipated from next year. Speaking after the Federal Open Market Committee's (FOMC) two-day meeting, he a

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