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In his own words: How Bernanke explained Fed plans

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WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke spent the better part of an hour-long news conference trying to clarify for Wall Street when and why the Fed might begin shrinking its $85 billion-a-month bond-buying program. The short answer is soon. The reason is that the Fed has grown increasingly upbeat about the economy. But Bernanke's blunt message was not without a string of...

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