Fed Won't Be Ceasing the Easing Until the Job Data's Pleas...

Receiving Wide Coverage ...

Ease on Down the Road: Chairman Ben Bernanke defended the Fed's asset purchases and signaled they will continue until the job market firms up. He addressed concerns that by driving down interest rates for a long period of time, the Fed's easing encourages inappropriate risk-taking: While the central bank is cognizant of that danger, he said, low rates "also serve in some ways to reduce risk in the system, most importantly by...