THE FED SAYS THE SERENITY PRAYER
Federal Reserve Chairman Ben Bernanke signaled Wednesday that no moves were imminent to bolster the recovery despite a “somewhat weaker outlook” for the economy.
The Fed chief assured the panel that the central bank would remain flexible in light of the “unusually uncertain” economic outlook.
“If the recovery seems to be faltering, then we will at least need to review our options,” he said during the question-and-answer session. But he said there were no plans to consider such moves in the near term.
