CAMBRIDGE, Mass. — Federal Reserve Board Chairman Ben Bernanke said Wednesday that while the U.S. economy is improving, joblessness remains too high and inflation too low to allow the Fed to wind down its easy monetary policy any time soon.

"Put (it) all together and I think you can only conclude that highly accommodative monetary policy for the foreseeable future is what's needed in the U.S. economy," Bernanke said in response to questions following a speech before the National Bureau of Economic Research.

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