• Bernanke gives mon policy testimony on Weds

Market news

27 February 2012

Bernanke gives mon policy testimony on Weds

Since econ data recently look better he probably will downplay more QE but keep the option open, will talk about long-term fiscal balance and worry about higher gas prices. He may also be asked about housing (to talk about the Fed's white paper being options, not recommendations), banking (better profits, FDIC insurance extension ending, whether there is good funding), and Europe.

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