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Pedro Da Costa: Federal Reserve Chairman Ben Bernanke

Federal Reserve Chairman Ben Bernanke: WASHINGTON - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. central bank still expects to start scaling back its massive bond purchase program later this year, but he left open the option of changing that plan if the economic outlook shifted, according to Reuters. "Our asset purchases depend on economic and financial developments, but they are by no means on a preset course," he told the House of Representatives Financial Services Committee and By Alister Bull and Pedro da Costa While sticking closely to a timeline to wind down the bond buying that he first outlined last month, Bernanke went out of his way to stress that nothing was set in stone. (www.immigrantscanada.com). As reported in the news.