Fed Chairman Ben Bernanke is urging Congress and the Obama administration to strike a budget deal that will avert a recession next year. He stresses that the Fed’s tools to offset the so-called ‘fiscal cliff’ are not infinite.
Fed Chairman Ben Bernanke is urging Congress and the Obama administration to strike a budget deal that will avert a recession next year. He stresses that the Fed’s tools to offset the so-called ‘fiscal cliff’ are not infinite.