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Ben Bernanke is due to appear before Congress today and tomorrow, when he might be asked for a...

  • Tuesday, February 26, 4:43 AM ET
    Ben Bernanke is due to appear before Congress today and tomorrow, when he might be asked for a bit of clarity over how soon the Fed intends to pull back on its easing program. Last week's FOMC minutes were unusually hawkish, but then Fed officials got all dovish following wobbly market reaction. Also expect warnings about the effects of the $85B of automatic spending cuts that are due to come into effect on Friday.
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This news story has 2 comments:

  •  
    do the leveraged m&a in a quieter manner.

    don't disturb the sheep.

    if you're going to do a little dance and make us look bad, we'll talk about turning off the tap which kept you being big men and women, rather than bankrupts and failures and perhaps even traitors.

    i'm paraphrasing, of course.
    26 Feb, 08:39 AM Reply Like
  •  
    Ben has become little more than an extension of the current administration. No doubt his outspokenly liberal wife, Andrea Mitchell, reflects his perspective. Now might be a good time to take a seat and watch the show. As the profligate money printing philosophy continues, the economy unravels at an increasing rate. I look forward to how the Fed will pull back on its easing program. So far, no one has been able to elucidate an answer.
    26 Feb, 09:50 AM Reply Like
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