Fed chief: We will respond to data in asset purchases

07/17/2013 | Bloomberg · Reuters

Federal Reserve Chairman Ben Bernanke told the House Financial Services Committee on Wednesday that the Fed's bond buying was not on a "preset course" and that the central bank would respond to economic data in determining when to wind down asset purchases. The chairman also took pains to reassure investors that any rate increase would likely be gradual.

View Full Article in:

Bloomberg · Reuters

Published in Brief: