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Bernanke Outlines Exit Strategy

Bernanke Outlines Exit Strategy

Bernanke detailed the Fed's strategy to tighten credit, indicating the rate paid to banks on excess reserves may for a time replace the fed funds rate as the main policy tool.

 

Obama ponders Afghan 'exit plan'

President Barack Obama says the US must have an "exit strategy" in Afghanistan, despite sending more troops there.

 

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