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2013-07-18 — mcclatchydc.com
``"We're very focused on Main Street. We're trying to create jobs. We're trying to make housing affordable," Bernanke told lawmakers Wednesday in what might have been his last testimony before a House committee.
Trying to calm jittery financial markets and skeptical lawmakers, Bernanke assured members of the House Financial Services Committee that there was no "preset course" to ending the central bank's bond-buying program. The Fed intends to begin scaling back $85 billion in monthly purchases "in measured steps" later this year, but the plan could be delayed if the economic recovery falters, he said.'' source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |