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Fed to change timing of policy statement

March 14, 2013
THE ASSOCIATED PRESS

WASHINGTON - The Federal Reserve is changing its schedule for issuing policy statements, a shift that will give Chairman Ben Bernanke more control over how investors respond to the Fed's decisions. The Fed will now issue a statement at 2 p.m. Eastern time for all eight meetings. Four of those meetings will be followed by a Bernanke news conference at 2:30 p.m.

 
 
 

 

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