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Bernanke: Economy Getting Worse, Consumer 'Confidence Low'

Bernanke: Economy Getting Worse, Consumer 'Confidence Low'

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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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