World looks to Bernanke to clarify stimulus plans

In this Jan. 7 photo, Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, before the Senate Budget Committee. The financial world looks to Bernanke this week to clarify the Fed’s timetable on economic stimulus. ( AP Photo/Alex Brandon, File)

World looks to Bernanke to clarify stimulus plans

WASHINGTON | Is the era of ultra-low interest rates nearing an end?

World looks to Bernanke to clarify stimulus plans

Is the era of ultra-low interest rates nearing an end? That's the question - and the fear - Chairman Ben Bernanke will face this week when he takes questions after a Federal Reserve policy meeting.

World looks to Bernanke to clarify stimulus plans

FILE - In this Jan. 7, 2012 file photo, Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, before the Senate Budget Committee. The financial world looks to Bernanke the Week of June 17, 2013, to clarify the Fed’s timetable on economic stimulus. ( AP Photo/Al…

Thanksgiving dinner prices

Meat manager Steve Rosenbaum works on the turkey display refrigerator at Strack & Van Til in Highland. The American Farm Bureau Federation’s annual informal price cost of Thanksgiving dinner survey indicates the average cost of this year’s feast for 10 is $49.48, a 28-cent price increase…

Thanksgiving dinner prices

Jackie and Tim Kolbert, of Highland, shop Monday for a turkey at Strack & Van Til in Highland. Turkeys, the main component of the traditional holiday dinner, are priced slightly higher than in 2011, but again most grocers are absorbing the increase.

Thanksgiving dinner prices

The American Farm Bureau Federation’s annual informal price cost of Thanksgiving dinner survey indicates the average cost of this year’s feast for 10 is $49.48, a 28-cent price increase from last year’s average.

Thanksgiving dinner prices

Meat manager Steve Rosenbaum works on the turkey display refrigerator at Strack & Van Til in Highland. The American Farm Bureau Federation’s annual informal price cost of Thanksgiving dinner survey indicates the average cost of this year’s feast for 10 is $49.48, a 28-cent price increase…

Thanksgiving dinner prices

Jackie and Tim Kolbert, of Highland, shop Monday for a turkey at Strack & Van Til in Highland. Turkeys, the main component of the traditional holiday dinner, are priced slightly higher than in 2011, but again most grocers are absorbing the increase.

Text of the Federal Reserve's statement Thursday

WASHINGTON | Below is the statement the Fed released Thursday after its policy meeting:

Meat prices

Mike Cantu, assistant meat manager at the Taft Street PayLow in Merrillville makes sure the meat case is stocked. Don Weiss, president of the WiseWay/PayLow grocery chain, said consumers are buying a little less by weight or buying more economical cuts to combat rising prices

Meat prices

Mike Cantu, assistant meat manager at the Taft Street PayLow in Merrillville makes sure the meat case is stocked. Don Weiss, president of the WiseWay/PayLow grocery chain, said consumers are buying a little less by weight or buying more economical cuts to combat rising prices