15 Updates

Bernanke Stays Quiet

Jul 17 2012, 1:43pm CDT | by

Federal Reserve chairman Ben Bernanke had little to say other than praise for the feds actions.

The federal reserve chairman Ben Bernanke had little to say regarding his commitment to extended action against a still stagnant US economy, more specifically job growth. While he defended actions...

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Update
15

1 hour ago

Bernanke: Fed Sticks to Stimulus Measures, but Changes Loom

Source: Minyanville  |   May 23 2013, 2:08pm CDT

Wall Street was in for some choppy trading sessions this week as investors shifted their attention to the Fed and its massive stimulus measures. Earlier this week, markets took their cue from comments made by three ...

Continue reading on: Minyanville  More like this

 
Update
13


Quote:
"There’s a term in chess called zugzwang ... which describes the point in a game when it’s your turn to move but every move you could make would worsen your situation. That’s pretty much what the chessboard looked like for Ben Bernanke this morning."


Source: The Daily Reckoning

 
Update
12

2 hours ago

How Bernanke's testimony affects investors

Source: CBS News  |   May 23 2013, 12:51pm CDT

(MoneyWatch) The price of Treasury bonds fell sharply yesterday after Federal Reserve Chairman Ben Bernanke told Congress the Fed may cut the pace of bond purchases in the next few months if policymakers s ...

Continue reading on: CBS News  More like this

 
Update
10

2 hours ago

MÄRKTE EUROPATiefrote Kurse wegen Bernanke und China

Source: premium presse 5  |   May 23 2013, 12:26pm CDT

DJ Tiefrot haben sich Europas Aktienmдrkte am Donnerstag aus dem Handel verabschiedet. Ængste Ñber ein baldiges Ende der Anleihekдufe durch die US-Notenbank, schwache Wirtschaftsdaten aus China und der Einbruch des Nikkei-In ...

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Update
9

3 hours ago

Ben Bernanke Is No Alan Greenspan. Or Is He?

Source: Bloomberg.com  |   May 23 2013, 12:15pm CDT

Alan Greenspan, chairman of the Federal Reserve from 1987 to 2006, prided himself on his ability to obfuscate. And justifiably so: The headlines after his semi-annual testimony to Congress didn’t just disagree over a nu ...

Continue reading on: Bloomberg.com  More like this

 
Update
8

3 hours ago

The Swiss Stock Market Dropped On China Data & Bernanke Comments

Source: RTTNews  |   May 23 2013, 12:10pm CDT

The Swiss stock market finished solidly to the downside Thursday, putting an end to the strong gains it has enjoyed of late. Weak manufacturing data from China weighed on investor sentiment, as well as fears of a tightening on U.S. monetary policy, ...

Continue reading on: RTTNews  More like this

 
Update
7

3 hours ago

Gold & Silver Price Overreact To Ben Bernanke’s Speech

Source: ETF daily news  |   May 23 2013, 11:30am CDT

Gold Silver Worlds: It really has become a farce. A joke of the highest degree. Every time the US central bank Chairman comes out to announce a message markets react like crazy. Today was no exception; in fact, it was one of the most ...

Continue reading on: ETF daily news  More like this

 
Update
6

4 hours ago

Harlan Green: Ben Bernanke and the Fragile Recovery

Source: The Huffington Post  |   May 23 2013, 10:44am CDT

We know how fragile is the U.S. economic recovery just from the past 48 hours, because both U.S. and Japanese stock prices plummeted and interest rates jumped, on a seemingly offhand remark made by Fed Chairman Bernanke in congressional testimony that ...

Continue reading on: The Huffington Post  More like this

 
Update
5

5 hours ago

Silver futures lower after China PMI, Bernanke remarks

Source: Moneycontrol.com  |   May 23 2013, 9:30am CDT

Investing.com - Silver futures were lower on Thursday, after data showed that China's manufacturing sector contracted for the first time in seven months in May. Market sentiment was also dampened after Federal Reserve Chairman Ben Bernanke ...

Continue reading on: Moneycontrol.com  More like this

 
Update
4

6 hours ago

Bernanke to Congress: It's your fault

Source: The Reaction  |   May 23 2013, 8:55am CDT

Mustang Bobby Fed Chair Ben Bernanke knows why the economy isn’t doing better: Congress screwed it up. Of course, Bernanke is too polite to phrase things quite so bluntly. But to anyone versed in Fedspeak, that’s the gis ...

Continue reading on: The Reaction  More like this

 
Update
3

6 hours ago

Bernanke says interest rates will remain low

Source: New Mexico Business Weekly  |   May 23 2013, 8:27am CDT

A digest of important news from sources selected by our local editors. Delivered weekday mornings. Federal Reserve System Chairman Benjamin Bernanke said the bank will likely keep interest rates low for n ...

Continue reading on: New Mexico Business Weekly  More like this

 
Update
2

7 hours ago

Global Macro: The Home Depot-Bernanke Disconnect

Source: The Street  |   May 23 2013, 8:11am CDT

As housing data and unemployment have been mixed, the pair has fluctuated within a range. As the economy continues to pick up steam, albeit at a gradual pace, the pair should see a breakout of its range. The next chart is of SPDR Homebuilders ETF ...

Continue reading on: The Street  More like this

 
Update
1

7 hours ago

TSX may open lower on Bernanke's comments

Source: Yahoo News: Business  |   May 23 2013, 7:51am CDT

(Reuters) - Canada 's main stock index looked set to open lower on Thursday as comments from Federal Reserve Chairman Ben Bernanke raised fears the U.S. central bank would end its bond-buying program sooner-than-exp ...

Continue reading on: Yahoo News: Business  More like this

 
 

44 weeks ago

Bernanke Stays Quiet

Jul 17 2012, 1:43pm CDT | by

Federal Reserve chairman Ben Bernanke had little to say other than praise for the feds actions.

The federal reserve chairman Ben Bernanke had little to say regarding his commitment to extended action against a still stagnant US economy, more specifically job growth. While he defended actions taken after learning of the Libor scandal in 2008, Bernanke suggested that the fed was still looking at the state of the economy before making any serious action and renewed his warnings that the current policy focused on fiscal austerity could lead to a measured increase in the duration of the current recession.

While a panel of senators demanded reasons as to why the fed did not publicize the Libor scandal, Bernanke responded by detailing the fact that the neccessary agencies did know of the scandal and the event was in fact heavily reported on at the time. General opinion seems to be that the fed will begin to make more committed action regarding the economy sometime in the next few months.

Source: The New York Times

 

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Andrew is a digital marketer based out of New York City. He has had experience in advertising, marketing, and brand development for various start-ups and most recently a brand research firm headquartered in Washington, DC.

 

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