US Fed no less committed to stimulus after cut to QE: Bernanke

PHILADELPHIA: The U.S. Federal Reserve is no less committed to highly accommodative policy now that it has trimmed its bond-buying stimulus, Ben Bernanke said on Friday in what could be his last speech as Fed chairman.

Bernanke, who steps down as head of the U.S. central bank at month's end, gave an upbeat assessment of the U.S. economy in coming quarters. But he tempered the positive signs in the housing sector, financial markets and fiscal policies by repeating that the overall recovery "clearly remains incomplete" in the United States.