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Monetary policy ‘reaching its limits’: Ben Bernanke

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Monetary policy reaching its limits: Ben Bernanke

The US central bank this week held its target short-term interest rate range at 0.25 percent to 0.5 percent. The Fed indicated it could hike twice this year, but as rates remain below historical averages, many market watchers have wondered what the Fed could do to respond to another potential slowdown.