Federal Reserve Chair Bernanke calls on Washington – click to read

Federal Reserve Chairman Ben Bernanke once again called on Washington to craft a deal that averts the fiscal cliff, saying a failure to do so could cause ‘heavier economic and financial costs’ than the debt debacle last year that roiled markets. He also reaffirmed the central bank’s pledge to continue taking aggressive policy action until the labor market improves in the context of price stability.  ( foregoing from Fox News Channel )