Fed's bond buying will respond to economy, Bernanke says

The Federal Reserve will adjust its bond-buying program as needed to ensure the U.S. economic recovery doesn't stall, Chairman Ben Bernanke said. The central bank could continue the purchase of long-term bonds if the labor market falters, he said. "I emphasize that because our asset purchases depend on economic and financial developments. They are by no means on a preset course," Bernanke said.

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