America Breaking News: Bernanke: Timetable for Bond Purchases not Preset

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America Breaking News: Bernanke: Timetable for Bond Purchases not Preset

America Breaking News: Bernanke: Timetable for Bond Purchases not Preset
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America Breaking News: Bernanke: Timetable for Bond Purchases not Preset

by Wochit 0:49 mins

Chairman Ben Bernanke said that the Federal Reserve's timetable for reducing its bond purchases is not on a "preset course" and the Fed could increase or decrease the amount based on how the economy performs. An analysis funded by the insurance industry predicts the new health law will add an average of 3.7 percent to premiums in Massachusetts, while in New York state officials will likely announce premiums are expected to tumble. Republican leaders in the House have scheduled votes on bills that would delay implementation of the health care overhaul's employer and individual mandates

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