Fed will stick with bond-buying program, Bernanke says

02/27/2013 | Bloomberg

The Federal Reserve plans to continue buying bonds at its current pace, Chairman Ben Bernanke said in testimony to the U.S. Senate banking committee. The Fed's stimulus efforts aren't creating asset bubbles or raising the risk of inflation, he said. "We do not see the potential costs of the increased risk taking in some financial markets as outweighing the benefits of promoting a stronger economic recovery," Bernanke said.

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