Bernanke says Fed ready for QE3 if necessary


Ben Bernanke, the chairman of the Federal Reserve, spoke at a press conference on June 20 about the Federal Open Market Committee's (FOMC) decision to maintain an accommodative monetary policy, and said that the Fed was not ruling out a possible third round of quantitative easing.

"Additional asset purchases would be among the things we would certainly consider, if we need to take additional measures to strengthen the economy," the chairman said. However he warned that such measures should not

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