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Critics, including some regional Fed bank presidents, have expressed worries that the Fed's policies could hasten inflation. But Bernanke has sent signals recently that he plans to keep continue the Fed's aggressive policies until there is a substantial improvement in the job market. The Fed only started to release brief policy statements after its meetings in 1994. Before then, markets had to guess at the Fed's intentions on interest rates. In 2011, Bernanke went further by holding regular news conferences, a first for a Fed chairman. "They are trying to be more open and work with the market to some degree. It's probably a good thing," said Pavlik. "You don't want to give away the store but to try to get their message across so that people can understand it in real time makes a lot of sense. Maybe, if they could put it in language that the average man can understand, instead of double-Fed-talk, it would probably make even more sense."
[Associated
Press;
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