MILBANK: Ben Bernanke smiles in the face of critics
January 31, 2012 in The Daily Republic
When Fed Chairman Ben Bernanke was invited to respond to the Republican presidential candidates who have made him a whipping boy, he turned the other cheek. Continue Reading
The Fed said it’s unlikely to raise its benchmark interest rate before late 2014, extending its time frame by at least a year and a half. The Fed said record-low rates are still needed to help boost an improving but still sluggish economy. 
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