Bernanke Testimony on Economy, Fed Policy

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July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke speaks about the Federal Reserve's semi-annual monetary policy report before the House Financial Services Committee in Washington. Bernanke told Congress the central bank’s asset purchases are not on a "preset course” and could be reduced more quickly or expanded as economic conditions warrant. (This is Part 1 of the question-and-answer portion of the hearing Source: Bloomberg)

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