Fed to release Bernanke testimony on Wednesday

WASHINGTON (BestGrowthStock) – The Federal Reserve will release the prepared text of Chairman Ben Bernanke’s congressional testimony at 10 a.m. (1500 GMT) on Wednesday as scheduled, even though the hearing itself has been postponed, a Fed spokesperson said on Tuesday.

The hearing before the House Financial Services Committee has been put off due to snow.

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(Reporting by Mark Felsenthal, Editing by Chizu Nomiyama)

Fed to release Bernanke testimony on Wednesday