Obama backs the Fed's bond-buying program

11/8/2010 | Washington Post, The · CNNMoney

President Barack Obama has announced his support for the Federal Reserve's plan to inject liquidity into the economy through the purchase of $600 billion in government debt. He said during a news conference in New Delhi, India, that he doesn't have authority over the central bank, but that he backs Chairman Ben Bernanke.

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Washington Post, The · CNNMoney

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