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Fed Chairman Defends Stimulus Efforts to Senate Committee
New York Times WASHINGTON — The Federal Reserve chairman, Ben S. Bernanke, played down concerns about the Fed's economic stimulus campaign on Tuesday, describing it as necessary and effective and making clear it was likely to continue for some time. Bernanke Resuscitates QE, Downplays Risk and Cost Bonds Yields Steady after Bernanke Reassurance Italy vote hits world stocks; Bernanke lifts Wall Street |