WASHINGTON — Despite the Fed's extraordinary efforts since the financial crisis, a full economic recovery is "still ongoing," Federal Reserve Chair Ben Bernanke said Monday.

In remarks prepared for delivery to a celebration of the 100-year anniversary of the signing of the Federal Reserve Act, Bernanke said "work on some of the Federal Reserve's most important challenges of the past few years — notably, achieving a full economic recovery from the crisis and putting in place a new financial regulatory system — is still ongoing."

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