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Bernanke Tells Congress Fed Flexible on Bond Buying

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Bernanke Tells Congress Fed Flexible on Bond Buying
AIRED:
Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. central bank still expects to start scaling back its massive bond purchase program later this year, but he left open the option of changing that plan if the economic outlook shifted. While sticking closely to a time-line to wind down the bond buying that he first outlined last month, Bernanke went out of his way to stress that nothing was set in stone.moreless
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