Senator says Fed might need to end bond-buying program early

04/26/2011 | Hill, The

Sen. Mark Kirk, R-Ill., suggested in a letter to Federal Reserve Chairman Ben Bernanke that the central bank might have to end its bond-buying program early to fight inflation. "Once higher inflation gains momentum, it will do great damage to the U.S. economy by stifling small businesses, challenging families and fixed-income seniors," Kirk wrote.

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Hill, The

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