#Bernanke Testimony
Federal Chair Ben Bernanke testifies before the Senate Banking Committee in his Semiannual Monetary Policy Report.
- Markets prepare for Bernanke's hearing:
USD Index Struggles Ahead Of Bernanke Testimony, JPY Eyes June High | DailyFXAlthough the Dow Jones-FXCM U.S. Dollar Index (Ticker: ) remains 0.31 percent lower from the open, we're seeing the 30-minute relative st...- Speculation via Goldman Sachs:
GOLDMAN: This Is What Bernanke Will Say At His Testimony TodayGoldman's Jan Hatzius describes what Bernanke will tell Congress during his testimony today... We expect him to deliver a dovish message ...- Sen. Johnson (D-SD) gets the hearing started: "Financial crisis still weighs heavily on our economy today"
Bernanke provides his name, rank and serial number. And that's pretty much it. 1.usa.gov/LvwlJQ- Bernanke's testimony contains no hint the Fed is any closer to embarking on a new round of economic stimulus. nyti.ms/LvxjGc
- Sen Mike Crapo (R-ID) reads a statement for Sen. Shelby who cannot attend. "In June, Chairman Bernanke warned Congress if they did not take care of the fiscal cliff."
Fed Chair Ben #Bernanke reveals his semi-annual monetary policy report to two Congressional committees. Live: on.cnn.com/cnndcl1- Introduction of Chairman Bernanke by Sen. Johnson, 10:14 AM: he begins.
Look for Sen. Chuck Schumer to press Bernanke hard to do more to reduce unemployment rate: politico.com/morningmoney/- 10:21 AM: A little chuckle from Bernanke when the lights go out. A sign?
OMEN? when #Bernanke started to speak, the lights went out. #WhatWillMarketsMakeOfThat
