Investors Are Responsible, Bernanke Says

Federal Reserve Chairman Ben Bernanke says the Fed is closely monitoring the economy and will "act as needed to limit the adverse effects on the broader economy that may arise from the disruptions in financial markets."

But speaking today, Bernanke gave no sign that a rate cut is imminent, reports The New York Times, and said it's not the Fed's job to protect investors from the consequences of their decisions.