Bernanke says the Fed "will strongly resist deviations from price stability in the downward...

|By:, SA News Editor

Bernanke says the Fed "will strongly resist deviations from price stability in the downward direction" but has not agreed on specific criteria or triggers for future easing. He downplays concern that the economy would fall back into another downturn, saying the economy will continue to grow at a slow pace for the rest of 2010 and pick up in 2011. (full text)