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Fed announces it will scale back purchasing of bonds

Thursday was the worst day all year - the second straight very big selloffs after ben Bernanke warned the Federal Reserve may be scaling back but it's been doing to help the economy.

http://www.wlbz2.com/video/2498314929001/1/Fed-announces-it-will-scale-back-purchasing-of-bonds http://bcdownload.gannett.edgesuite.net/wcsh/35121342001/35121342001_2498347304001_th-51c456c6e4b07aec615bbeab-672293877001.jpg?pubId=35121342001 Fed announces it will scale back purchasing of bonds Thursday was the worst day all year - the second straight very big selloffs after ben Bernanke warned the Federal Reserve may be scaling back but it's been doing to help the economy. WLBZnationalfed announces it will scale back purchasing of bondswcshNews 01:17

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