Bernanke places onus on US government to act


The chairman of the Federal Reserve, Ben Bernanke on April 25 urged Congress to deliver on fiscal policy changes or risk seeing the country's economic recovery jeopardised.

Speaking after the latest meeting of the Federal Open Markets Committee (FOMC), Bernanke used stark language to spell out what he saw as the potential consequences of US lawmakers not adjusting fiscal policy.

"If no action were to be taken by the fiscal authorities, the size of the fiscal cliff is such that there's no chance

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