Bernanke says Fed ready to act but short on specificsReuters
Aug. 31, 2012
1.Trump is Right: GOP Debate Audience is Packed Full of Republican Donors
2.Jeb Bush Wore High Heels To Look Taller Than Trump [Pic]
3.Trump Calls Out Bush WMD Lies: 'They Knew There Were None, They Lied'
4.New York & California Move to Ban The Sale of Current iPhones Because They Protect Your Data
5.Ted Nugent Replies 'Eat Me' to Critics of 'Anti-Semitic' Gun Control Post
6.VIDEO: Workers Rage After Being Told They're Losing Their Jobs to Mexico
7.Feds Push New Plan For Home Visits to Check On Parents
8.WSJ Covers Free State Project: 'Can New Hampshire Become a Libertarian Utopia?'
JACKSON HOLE, Wyo., Aug 31 (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday left the door wide open to a further easing of monetary policy, saying the stagnation in the U.S. labor market was a "grave concern," but he stopped short of providing a clear signal of imminent action.
His stark language gave a temporary lift to U.S. stocks, but economists walked away from the Fed chairman's remarks still divided over whether the central bank would launch a fresh round of bond purchases at its upcoming meeting in September.