Markets Hold Their Breath on Bernanke Testimony
* Banks, health insurers advance amid regulatory bets * Investors fret about the Fed’s intention after rate hike * Schlumberger falls on deal to buy Smith International * Dow off 0.2 pct; S&P 500 off 0.1 pct; Nasdaq off 0.1 pct *…
News Media
Asia trades mixed; eyes on Bernanke – CNBC
Major Asian stock indexes were mixed Tuesday, after US stocks finished flat as investors turned cautious ahead of Federal Reserve chief Ben Bernanke's …
Peso gains more ground as dollar weakens ahead of Bernanke’s testimony – Business Mirror
THE peso extended its gains against the dollar on Tuesday, with the US unit broadly weakening ahead of Federal Reserve chairman Ben Bernanke's testimony to …
Euro Gains Ahead of Bernanke Testimony – Wall Street Journal
The market will now be looking for Fed Chairman Ben Bernanke to express similar sentiment when he starts to give testimony to the Senate Wednesday. …
PRECIOUS-Gold eases as euro loses traction, Bernanke eyed – Reuters
"People are holding back until more data starts to come out and Bernanke's testimony. It's a bit of a pause," Mitsubishi analyst Tom Kendall said. …
Forex players eye Bernanke testimony – CountingPips
The Fed chairman Ben Bernanke is expected to give his semi-annual testimony on Wednesday evening (GMT Time) and investors will be keen to figure where …
World stock markets mostly higher as dollar weakens ahead of Bernanke reports – The Canadian Press
Investors were awaiting testimony from US Federal Reserve Chairman Ben Bernanke on Wednesday and Thursday that could provide more clarity about the bank's …
McCain: Paulson and Bernanke Promised that the $700 Billion Troubled Asset … – Prison Planet.com
John McCain of Arizona … says he was misled by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke. McCain said the pair assured …
BEFORE THE BELL: US Stock Futures Lower; Rate Strategy Debated – Wall Street Journal
The market is waiting for testimony from Federal Reserve Chairman Ben Bernanke, due to start Wednesday, after last week's surprise hike in the discount rate …
Stocks Post Slight Decline, as Investors Await Bernanke’s Testimony later in … – TradersHuddle.com
Investors for the most part held back ahead of Ben Bernanke's testimony before Congress. Commodity related shares moved lower as natural gas and metal …
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- RT @economaniac: RT @currencynews All Eyes On Bernanke As Economy Becomes Reliant on Washington http://ofxt.com/2523
- RT @currencynews All Eyes On Bernanke As Economy Becomes Reliant on Washington http://ofxt.com/2523
- Huge Day Ahead For Bonds, As Bernanke Testifies, And The Treasury Goes $44 Billion Deeper Into Debt: http://digg.com/u1O4d2–t
- RT @currencynews: All Eyes On Bernanke As Economy Becomes Reliant on Washington http://ofxt.com/2523
- Huge Day Ahead For Bonds, As Bernanke Testifies, And The Treasury Goes $44 Billion Deeper Into Debt: http://bit.ly/anM3gB
- Forex Daily Analysis – U.S Dollar Up ahead of Bernanke Testimony: The U.S. Dollar briefly stayed higher versus the… http://bit.ly/9Glo4R
- Forex Update: U.S Dollar Up ahead of Bernanke Testimony http://bit.ly/dtdvwD
- #tcot #news McCain: Paulson and Bernanke Promised that the $700 Billion Troubled Asset Relief Program Would F… http://bit.ly/d1pSpF #ocra
- Dollar Surging, Gold Weak Ahead Of Bernanke | Finance Blog http://cli.gs/SQ498
- Forex Update: Forex players eye Bernanke testimony http://bit.ly/dbUjpr
- Markets Hold Their Breath on Bernanke Testimony: Asian markets were mixed today as investors eagerly await for Fed… http://bit.ly/djx8lu
- Markets Hold Their Breath on Bernanke Testimony http://bit.ly/cHOVr8
- Markets Hold Their Breath on Bernanke Testimony: Asian markets were mixed today as investors eagerly await for Fed… http://bit.ly/bCmCcg
- All Eyes On Bernanke As Economy Becomes Reliant on Washington http://ofxt.com/2523
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Asia shares revive but await Bernanke rate clues
Most Asian stock markets recouped early losses on Tuesday while the dollar was trapped in a tight range as investors waited for Federal Reserve Chairman Ben Bernanke to shed light on how soon key U.S. interest rates may start to rise.
Gold Survives Body Blows From IMF & Bernanke, is Above $1120
Gold’s action hasn’t been particularly jawdropping of late unless you consider what it’s been up against. Last week there were two events that were bad for gold: Bernanke tightening and the IMF dumping, and yet it held strong, and in recent action it’s staye solidly above the $1110 line, which had been the scene of so much trench warfare.
How Bernanke Is Reshaping the Fed
A case can be made that the very nature and scope of the Fed has changed under Bernanke’s stewardship. Originally envisioned as a politically neutral institution meant to contain systemic risks and head off banking panics, the Federal Reserve has taken a considerably more “hands-on” role in the economy of late.
Bernanke’s Testimony and GDP Highlights of Week’s Data
Investors looking for data on the direction of the economy will get plenty of data to analyze this week. Ben Bernanke will testify before Congress twice this week, and data on housing, consumer confidence, GDP, unemployment, and manufacturing will be released.
News Activity for Bernanke
Geldpolitik: Bernanke dreht wieder an der Zinsschraube – Nachrichten Finanzen – WELT ONLINE
Die US-Notenbank Fed hebt erstmals seit Dezember 2008 den Diskontsatz. Der Notzins für Banken verteuert sich von 0,5 auf 0,75 Prozent. Der wichtigere Dollar-Leitzins bleibt hingegen unangetastet. Die Märkte werten den Schritt als Signal für künftige Geldpolitik. Die Fed widerspricht, aber der Dollar legt deutlich zu.
The week ahead in business: Ben Bernanke will take center stage – washingtonpost.com
The week ahead in business: Ben Bernanke will take center stage: Federal Reserve Chairman Ben Bernanke is slated t… http://bit.ly/91SZDU
Campaign For Liberty — Bernanke Has the Whole World In His Hands | by Sheldon Richman
Bernanke Has the Whole World In His Hands by Sheldon Richman http://goo.gl/fb/1s4L
Just Waking Up– Here’s The Damage Bernanke’s Rate Hike Caused Overnight
For those of you just tuning in, let’s take a quick look at how markets are reacting to Ben "The Hawk" Bernanke.Gold initially got crushed on the news, but has recovered a little bit. It’s now right around the crucial $1110 mark.The dollar is surging.The euro got whacked overnight.Japan got pummeled, falling 2.1%.Other Asian markets were down in the 2% range.In London, the FTSE is up modestly.Dow…
Bernanke Outlines Escape Plan | Mark A. Calabria | Cato Institute: Daily Podcast
Bernanke Outlines Escape Plan: featuring Mark A. Calabria http://bit.ly/9NQqq2
Bernanke: Recent News
Bernanke Signaled Rate Move So It Shouldn’t Have Suprised
Financial Markets are acting as though they were surprised by the Federal Reserve’s move to slightly raise the interest rate it charges banks for overnight loans. But Fed chair Ben Bernanke pretty much did everything to signal that an increase like Thursday’s was coming save for giving a day and precise time of an announcement..
Bernanke sees end to banks boost
The chairman of the Federal Reserve, Ben Bernanke, began on Wednesday to outline the central bank’s strategy for withdrawing its stimulus money..
Stocks Stall As Bernanke Signals End Of Stimulus
Stocks point higher ahead of rush of earnings.
Punch: Snowstorm Doesn’t Stop Bernanke From Outlining Fed’s Exit Strategy
Federal Reserve chairman provides insight into how the Fed intends to unwind trillions in aid to financial system..
Bernanke outlines stimulus exit strategy
U.S. Federal Reserve chairman Ben Bernanke began Wednesday to outline the central bank’s strategy for reeling in stimulus money once the economic recovery is more firmly rooted..
Stocks Fall On Bernanke Points To End Of Stimulus
Stocks point higher ahead of rush of earnings.
Bernanke Outlines Stimulus Exit Strategy
Federal Reserve Chairman Says Central Bank Will Likely Boost Key Interest Rate to Tighten Credit Once Economy Firms Up.
Bernanke Outlines Plan For Pulling In Stimulus Aid
Bernanke outlines plan for pulling in stimulus aid.
Bernanke Testimony: Stimulus Exit, Future Interest Rate Increases Outlined By Fed Chief
WASHINGTON — Federal Reserve Chairman Ben Bernanke began Wednesday to outline the central bank’s strategy for reeling in stimulus money once the economic recovery is more firmly rooted. Bernanke said the Fed will likely start to tighten credit by boosting the interest rate it pays banks on money they leave at the central bank. Doing so would raise rates tied to commercial banks’ prime rate and affect many consumer loans. Companies and ordinary Americans would pay more to borrow. But in prepared remarks to a House committee, Bernanke indicated the Fed is still months away from raising rates or draining most of the stimulus money it injected to rescue the financial system. He said the recovery still needs support from record-low interest rates. The Fed chief used his remarks to explain how the central bank will try to withdraw the stimulus money without tipping the economy back into recession. Using the rate it pays on banks’ excess reserves to affect credit would be a new strategy for the Fed. Since the 1980’s, its main lever to tighten or loosen credit has been the federal funds rate. That rate is now at a record low near zero. The rate paid on banks’ excess reserves is 0.25 percent.
Bernanke Takes Oath at Fed, Quietly
The ceremony marking a second four-year term as Fed chief had none of the pomp and praise of four years ago..
Bernanke Images
