Federal Reserve Board Chairman Ben Bernanke leaves after he testified at a hearing before the Joint Economic Committee on May 22, 2013 in Washington, DC. - 

In a country where wages adjusted for inflation have been stuck in place for almost a decade, some scholars think the economy needs a more complete renovation.

Investors around the world are paying close attention to what is happening in Washington this week. The Federal Reserve committee responsible for setting monetary policy kicks off a two-day meeting today. The big question: Is the Fed going to scale back its bond-buying program?

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