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Testimony today from the Central Banks chairman, ben bernanke. In recent weeks, fed officials have raised worries about the strategy, but bernanke offered a Strong Defense for the program thats aimed at keeping Interest Rates low. The risks, he said, were manageable. Pehohe fed would continue its easy efforts to stimulate the economy had u. S. Markets seeing green. Pe the dow gained 116, the nasdaq is up 13, and the s p rose nine. Washington bureau chief darren gersh has details on the fed chairmans Strong Defense of his aggressive policy to support the economy. Reporter sure, there are risks when the Federal Reserve is buying almost 3 billion worth of bonds every day. But chairman ben bernanke told congress basically, we got this. Although a long period of low rates could encourage excessive risk taking, and continued close attention to such developments is certainly warranted, to this point, we do not see potential costs to the increased risk taking in some Financial Markets is outwe

United statesNew yorkFlorida atlantic universityCapitol hillDistrict of columbiaMichael farrRobert hagstromSuzanne prattJerika millerTom hudsonRuben ramirezMichael kahnTom dinapoliBen bernankeCentral banksStrong defense