Fed to hint tapering is close

FXstreet.com (San Francisco) - Ben Bernanke would say on Wednesday that the Federal Reserve is close to cut its $85-Bn-a-month asset-purchase program according to a Financial Time report.

According to FT.com, the Fed's chairman will deliver an upbeat message on a strong economy that would justify a taper. However, he will balance that by stating that further movements depend on how the economy is performing.