Inside these posts: Asset purchases

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Bernanke: Fed moves are boosting economy

The Federal Reserve’s asset purchases lowered borrowing costs and helped the economy, and more buying could further ease financial conditions, Federal Reserve Chairman Ben Bernanke said on Monday.

“I don’t have a number to give you, but I do think that the additional purchases, although we don’t have precise numbers, have the ability to ease financial conditions,” Bernanke said. Get the full story »