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Bernanke: Will maintain Fed funds' rate 'well past the time' unemployment drops below 6.5%

Wednesday, 18 Dec 2013 | 2:37 PM ET

In the Federal Reserve's last press conference of the year, Chairman Ben Bernanke said the Fed will likely reduce bond buys in "further measured steps" at future meetings.

The Fed will also maintain the Fed funds' rate 'well past the time' unemployment drops below 6.5%.

This story is developing. Check out our live blog for more updates.

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