Bernake claims Fed will not rescue Europe

Note: This section contains information in English only.
Source: Marketwatch

Ben Bernanke, head of the Federal Reserve in a closed meeting with Senate Republicans said Fed is not planning to bail out Europe. However, Bernanke admitted Europe's failure to solve debt crisis can harm US economy. According to Bob Corker, Tennessee Republican, Fed Chairman pointed out that Fed has is not going to intervene further in region's debt turmoil.

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