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Bernanke: Economy Getting Worse, Consumer 'Confidence Low'

Bernanke: Economy Getting Worse, Consumer 'Confidence Low'

The U.S. economy has weakened and the Federal Reserve is ready to take further action to bolster growth if conditions don’t improve, Chairman Ben Bernanke told a congressional panel Tuesday. But Bernanke provided no clues about what steps the Fed might take or whether any action was imminent.

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