Bernanke Says He's Ready To Take Further Steps

Jackson Hole, WY, Aug. 27, 2010--Federal Reserve Chairman Ben Bernanke said he's ready if necessary to take unconventional steps to support an economic recovery.

Bernanke said he expects the U.S. economy to continue growing in 2011 and subsequent years, signaling further Fed action may not be needed.

Still, Bernanke said the U.S. central bank is ready to act if needed to bolster the economy and to avoid a deflation..