The Federal Reserve is aware of "the depth of the problem and the need for action" and that "that the burdens of a weak economy and the benefits of economic growth often are not equally shared," Federal Reserve Bank Chairman Ben S. Bernanke said Thursday.

Noting that times are "difficult for many Americans and their communities" Bernanke told an Atlanta Operation HOPE audience that "policymakers must take into account how their decisions affect the least advantaged, not just the economy as a whole."

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