Bernanke offers no new steps but leans on Congress

Investors had hoped Bernanke would use his much-anticipated speech at an economic conference in Jackson Hole to unveil some aggressive measure to jolt the economy.

He didn't. But he did say the Fed's September policy meeting will be extended to two days, instead of the scheduled one, to permit a "fuller discussion" of the central bank's options.

"He appears to be saying that the Fed has largely played its part and that the politicians need to step up their game," said Paul Dales, senior U.S. economist at Capital Economics. (Emphasis mine)

Let me fix that quote: 

"He appears to be saying that the Fed has largely played overplayed its part and that the politicians need to step up start their game."

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