| | | | | | To view this email as a webpage, click here | | | | | | | Wednesday July 17 2013 | | | | | | | | | Bernanke stays course on Fed buying | | | Ben Bernanke said that the jobs situation in the US is still far from satisfactory as he argued that a slowdown in asset purchases would not mean a weakening of Fed support for the economy. In prepared testimony to Congress on Wednesday, the Fed chairman repeated an intention to slow asset purchases from $85bn-a-month later this year if the economy stays strong, but in almost every other line he tried to show that the Fed is not backing away from easy monetary policy. | | | | | | | | | | | | | | | | | | |