Federal Reserve Chairman Ben Bernanke gave no hint Friday as to whether the central bank was leaning toward easing fiscal policy again in an effort to rouse the sleepy U.S. economy.
Instead, in a closely-watched speech at the Federal Reserve’s economic symposium in Jackson Hole, Wyo.,Bernanke made a point of saying monetary policy alone isn’t a cure-all for the economic ills that have plagued global markets since the credit crisis of 2008.
Source: Fox Business. Read full article. (link)