January 26, 2012 / 7:22 PM / 6 years ago

Fed's Bernanke to testify on economy on February 2

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke will testify on the economy on Thursday, February 2, the U.S. House of Representatives’ Budget Committee said.

The appearance will come just a week after the U.S. central bank’s announcement that it is likely to keep interest rates near zero for nearly three more years, a decision that may prove controversial with some Republicans.

Bernanke has come under attack from a number of Republican presidential candidates for the Fed’s ultra-low rates policy.

Reporting By Tim Ahmann, Editing by Gary Crosse

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