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Bernanke warns on long-term joblessness (Reuters)

4:41am GMT, Wednesday, 1 December 2010

Federal Reserve Chairman Ben Bernanke (R) listens as CEO of Moody Nolan Inc. Curtis Moody speaks during Reuters - Federal Reserve Chairman Ben Bernanke warned on Tuesday that a long period of high unemployment could exact a steep social cost, as he and other Fed officials defended the central bank against criticism of its easy money policy.



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