Friday: Ben Bernanke's comments will be watched for a widening of Federal Reserve action beyond the liquidity needs of the banking system and in the defense of economic growth -- and with it the use of the fed funds target rate. If Bernanke does hint at this shift, rallies across global markets will immediately ensue. If he does not, if he stresses the importance of the discount rate as the right policy tool, expectations for a Sept. 18 FOMC cut in the fed funds rate will be scaled back.
fractal friday fractal fri fra fr
-
- There are more pages in this discussion • 150 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |