Ben Bernanke:
Chairman to choose his words with careApril-26-2011-- WASHINGTON - When Ben Bernanke makes history today as the first Federal Reserve chief to begin a series of regular news conferences, his tasks will be simple.
The historic news conference, the first of three this year, is part of a long-standing Bernanke campaign to make the central bank more transparent and publicly accessible.
The Fed is expected to say that its benchmark rate will remain near zero and that its $600 billion Treasury bond-buying program will end in June as planned.
The bond-buying program was intended to encourage spending and boost growth.
But critics say it's raised the risk of high inflation.
Video: Bernanke Briefings to Address Transparency
Fed's 'Extended Period' Pledge May End in 2011,
Economists Say
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