CHICAGO/NEW YORK (Reuters) – The Federal Reserve has moved closer to embarking on a new round of its controversial money-pumping after the central bank and its chairman Ben Bernanke highlighted a grim outlook for the U.S. economy. Bernanke on Wednesday opened the door a bit wider for the Fed to return to buying securities in the months ahead to buttress a weak recovery and keep inflation from slipping too far below its newly adopted 2-percent target. “It sounds like the finger is on the trigger,” said Thomas Simons, a money market economist at Jefferies & Co. …

Quoted from Bernanke has "finger on trigger" for new bond buys on Yahoo! News – Latest News & Headlines

Aug. 26 (Bloomberg) Federal Reserve Chairman Ben S. Bernanke said the central bank still has tools to stimulate a recovery that has been weaker than expected Federal Reserve Chairman Ben S. Bernanke told Republican senators the Fed plans no additional aid to European banks amid the regions sovereign debt crisis Federal Reserve Chairman Ben came off very cfident last night during his interview with 60 Minutes. When asked about the fears of runaway inflatio Tags: bernake, under, control, really, Milbank proved his They likened him to a traitor. They hinted darkly that he might suffer violence because of his actis in office. They said they wanted him fired. But when Fed Chairman Ben WASHINGT Ben said declines in home prices have ced many Americans to cut back sharply spending and warned that the trend could ctinue to weigh