Bernanke: Fed ready to adjust bond buying as needed

07/17/2013 | Reuters · Financial Times (tiered subscription model)

Federal Reserve Chairman Ben Bernanke said the central bank remains flexible in its bond-buying program, although plans now call for scaling back later in the year. Speaking before Congress, Bernanke focused on jobs, saying that "with unemployment still high and declining only gradually, and with inflation running below the ... longer-run objective, a highly accommodative monetary policy will remain appropriate for the foreseeable future."

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Reuters · Financial Times (tiered subscription model)

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