![]() The Associated Press |
China cuts rates as global economic crisis deepens
Reuters It was followed shortly after by comments from Fed Chairman Ben Bernanke that the US central bank was prepared to take action to protect the financial system and US economy. "The Federal Reserve remains prepared to take action as needed to protect the … Bernanke signals no imminent steps to aid economy Ben Bernanke: No policy shift unless economy sags Stocks gain as China stimulates economy |