Published by Jamie JemmesonBen Bernanke, the chair of the Federal Reserve, will not race to tighten credit once the current round of monetary stimulus comes to an end, a report suggests.Giving a testimony on monetary policy yesterday, Mr Bernanke said the benchmark rate is likely to remain low for an "extended period", Bloomberg reports.Further to this, he commented that a "sustained period of stronger job creation" is needed to help bolster the recovery.The current round of Treasury purchases with a value of $600 billion is set to finish in June this year.Mr Bernanke said he does not believe the end of the purchases will have a large impact on market interest rates, Bloomberg reports.The greenback has gained strength in recent forex trading sessions, as continued unrest in the Middle East and North Africa drives a flight to safety.Oil prices are continuing to rise, adding to concern over a break in the global economic recovery.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site