Tuesday, March 20, 2012

Reuters: Economic News: Bernanke says must not reverse stimulus too soon

Reuters: Economic News
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Bernanke says must not reverse stimulus too soon
Mar 20th 2012, 18:14

WASHINGTON | Tue Mar 20, 2012 2:14pm EDT

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday one of the lessons from the 1930s is that policymakers should not reverse support for the economy too soon after a deep downturn.

"You need to be attentive to where the economy is and not move to quickly to reverse the policies that are helping the recovery," Bernanke told students at George Washington University in the first of a four-part lecture series.

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