With blog, Bernanke has new platform to make old argument

Bernanke, who handed the reins of the U.S. central bank to Janet Yellen last year, has been hitting the conference circuit more in recent months ahead of the planned publication of his book this autumn. Bernanke's 2006-2014 stint atop the U.S. central bank was marked by the brutal financial crisis and a frustratingly slow recovery that prompted him to drive rates to near zero and launch three rounds of bond purchases, to stimulate the economy. "The bottom line is that the state of the economy, not the Fed, ultimately determines the real rate of return attainable by savers and investors," he wrote on the blog hosted by Brookings Institution, where he is a distinguished fellow in residence.

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