Bernanke stays course on Fed buying

 
 
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Wednesday July 17 2013
 
 
Breaking news
 
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.
 
 
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