Fed chairman cites Europes debt crisis and U.S. fiscal cliff.
By Joshua Zumbrun and Jeff Kearns, Bloomberg|June 07, 2012 at 06:43 AM|Originally published on Treasuryandrisk.Com
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Federal Reserve Chairman Ben S. Bernanke said the economy is at risk from Europe’s debt crisis and the prospect of fiscal tightening in the U.S., while refraining from discussing steps the central bank might take to protect the expansion.