Fed Chief Lauds Tech 'Creativity' in Lab Tour

Summary


Federal Reserve Chairman Ben Bernanke marveled at the "creativity" shown by local entrepreneurs during a tour of technology labs in South Oakland on Wednesday.

Analysts say Bernanke is expected to bring his creativity to the task of stimulating the nation's slow-growth economy Friday when he is scheduled to deliver a major speech on monetary policy in Boston.

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Fed Chief Lauds Tech 'Creativity' in Lab Tour

The central bank will likely purchase "no less than $500 billion and no more than $1 trillion" worth of Treasury bonds, probably in the first three months of next year, ...

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