jackson hole

Fed chief Ben Bernanke proposed no new steps to boost the economy during his highly anticipated Jackson Hole speech Friday. But he did hint that Congress may have to step in to stimulate hiring and growth.

The Federal Reserve is certainly practicing the "do as I say, not as I do" rule when it comes to setting up meetings. Two conferences at luxurious sites, one hosted by the Boston Federal Reserve and one hosted by the San Francisco Federal Reserve, would certainly have raised eyebrows if AIG booked...