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Bernanke defends Fed response to financial crisis

Last Updated: Saturday, April 14, 2012, 09:50

Chairman Ben Bernanke said Friday that the Federal Reserve was left with few good options when it stepped in to shore up the largest US financial institutions during the 2008 crisis.

Fed seen indicating no rate hikes until 2014

Last Updated: Tuesday, January 24, 2012, 23:01

The US Federal Reserve opened a two-day meeting on Tuesday that is expected to end with a signal that interest rates will be held near zero into 2014.