Bernanke Definitively Says 'At Some Point'

Anyone expecting Federal Reserve Chairman Ben Bernanke to tip his hand on reducing the pace of asset purchases will have to wait a few more months. 

Anyone expecting Federal Reserve Chairman Ben Bernanke to tip his hand on reducing the pace of asset purchases will have to wait a few more months. Bernanke's testimony to the Joint Economic Committee of Congress today gave no hint the Fed was ready to pare its monthly purchases of $85 billion of Treasuries and mortgage-backed securities until the outlook for employment improves.

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