Bernanke: Fed Bond Purchases Not on `Preset Course'

Bernanke: Fed Bond Purchases Not on `Preset Course' Play

July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke says the central bank’s asset purchases "are by no means on a preset course" and could be reduced more quickly or expanded as economic conditions warrant. Bernanke speaks before the House Financial Services Committee. (This is an excerpt. Source: Bloomberg)

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