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Bernanke testifies on U.S. economy

10:27 AM ET Wed, 17 July 2013

Federal Reserve Chairman Ben Bernanke delivers his bi-annual testimony to Congress on the Fed's monetary policies and the state of the U.S. economy. In his opening statement, he address the issue of keeping the Fed Funds rate low until the employment picture improves. He explains that the continuation of the Fed's asset-buying program will depend on improving economic conditions.