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Thursday, October 27, 2016

WASHINGTON (AFP) – US Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the QE stimulus could be wound up next year if economic growth remains steady as forecast.

But Bernanke warned that government spending cuts continue to threaten growth and that tapering the QE bond purchase program is “by no means” a “preset course”.

Photo Credit: AFP/Mandel Ngan

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