—Oct. 15, 2010: Bernanke signals the Fed will buy more government bonds to boost the economy, drive down unemployment and protect against deflation.
— Nov. 3, 2010: The Fed announces it will buy $600 billion more in Treasury bonds to try to hold down longer-term rates.
— June 22, 2011: The Fed confirms it will complete its purchases of $600 billion in Treasury bonds by the end of the month. The purchases were intended to drive down rates on mortgages and other debt.
— Aug. 9, 2011: It pledges to keep its benchmark short-term rate at nearly zero until mid-2013. It's the first time the Fed has committed to keeping the rate at that level for a specific period. The pledge reflects its assessment that the economy will remain weak.
— Aug. 26, 2011: Bernanke proposes no new steps to boost the economy. But he signals that Congress should do more to promote hiring and growth, or risk delaying the economy's return to full health. He also says the Fed's September policy meeting will last two days instead of one, prompting speculation that the Fed might take further steps then.
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