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Bernanke Warns on Imbalance Risks

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Federal Reserve Chairman Ben Bernanke said on Monday that it was “extraordinarily urgent” that the US and Asia adopt policies that prevent a revival of global economic imbalances as the financial crisis ebbs," the Financial Times reported. "Speaking at a conference on Asia and the world economy hosted by the San Francisco Fed, Mr Bernanke urged Asian nations not to slip back into export-led growth and called on them to build up domestic consumption instead."
SOURCE:   Financial Times

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