Bernanke Says Fed Will Do What It Can to Support Housing

Pressing on with plan to buy mortgage-backed securities


Federal Reserve Chairman Ben S. Bernanke said the Fed will take action to speed growth and a rebound in a housing market facing obstacles ranging from too- tight lending rules to racial discrimination.

"We will continue to use the policy tools that we have to help support economic recovery," Bernanke said today in a speech in Atlanta, Georgia.