Bernanke said the economy has not deteriorated enough, nor the outlook changed enough, to warrant pulling out some big new monetary policy guns, but the Fed would be willing to do so if its forecast of continued slow-but-steady growth proves to be overly optimistic. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.