Bernanke’s new formula for pleasing investors

Published December 19, 2013 10:17pm ET



WASHINGTON (AP) — In his final performance, Ben Bernanke rewrote the script.

Investors had been on edge for months about when the Federal Reserve might slow its economic stimulus. A pullback in the Fed’s bond purchases, they feared, could jack up interest rates and whack stocks. Bernanke’s mere mention of the possibility in June had sent stocks tumbling.

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