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Sat, Oct 10, 2009 - Page 10 News List

Fed must support economy: Bernanke

NO CHANGEThe European Central Bank cautioned against hopes of a speedy economic recovery in the eurozone as it left benchmark interest rates at 1.0 percent

REUTERS , WASHINGTON

“With the effects of the February stimulus package diminishing next year, bank lending that is still declining, and continued dysfunction in some parts of capital markets, there is considerable uncertainty as to how robust growth will be in 2010,” he said at a community leaders lunch.

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