Bernanke's prepared remarks: The chairman stands by the plan to keep exceptionally low rates...


Bernanke's prepared remarks: The chairman stands by the plan to keep exceptionally low rates until late 2014, saying the highly accommodative stance meets the dual Fed goals of full employment and stable prices. While seeing bright spots in the labor market, he says it remains "far from normal."

Comments (4)
  • Matthew Davis
    , contributor
    Comments (4746) | Send Message
     
    Look at gold dropping like a rock on that news. Too many gold bugs were betting on more easing!
    29 Feb 2012, 10:55 AM Reply Like
  • Ben Bernankes friend
    , contributor
    Comments (475) | Send Message
     
    LOL @ Gold bugs.
    29 Feb 2012, 11:02 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4746) | Send Message
     
    Democracts have hijacked the meeting to tout their terrific unemployment record! Wow, they are saying how consistent the growth has been since Obama took office and the passage of TARP. It amazes me, because if its so terrific you would think we would be at 1% unemployment by the way they are talking about it. REAL unemployment sits actually around 15%, not 8.9%.
    29 Feb 2012, 11:08 AM Reply Like
  • WMARKW
    , contributor
    Comments (10798) | Send Message
     
    Those bright spots will soon dim. Wait for 2 months or so.
    29 Feb 2012, 12:43 PM Reply Like
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