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Thursday 18 July 2013 11:28 am

Fed’s Bernanke stresses that monetary policy has limitations

By: Peter Spence

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Federal Reserve chairman Ben Bernanke has that "monetary policy is not a panacea" when it comes to low growth and high unemployment, and that "there is still room for congress to address these problems".

"It's not my place or the federal reserve's place to force Congress to come to any particular outcome" — Ben Bernanke, veiled shot at ECB

— Matthew Zeitlin (@MattZeitlin) July 18, 2013

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