Bernanke Threatens China Over Currency Rates

by Jim Zarroli, NPR

Federal Reserve Chairman Ben Bernanke defended the Fed's recent actions Friday by pointing a finger back at China and its currency and exchange-rate policies. Bernanke accused China and other countries of deliberately undervaluing their currencies and said that such policies get in the way of "balanced and sustainable growth" in the world economy.

Broadcast Dates

• All Things Considered, November 19, 2010