WASHINGTON — Federal Reserve Chair Ben Bernanke Wednesday made it clear that incoming economic data will guide the Fed's actions regarding its aggressive bond-buying, while stressing that overall policy will remain "highly accommodative" even after the $85 billion a month program concludes.

Delivering the semiannual Monetary Policy Report to Congress, Bernanke also told members of the House Financial Services Committee that he believes markets now understand the message that policymakers have been trying to get across concerning the future of the asset purchases.

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