Ben Bernanke will be testifying before the House Finance Servicing Committee regarding the Fed's exit strategy. From his prepared testimony: All told, the Federal Reserve purchased $300 billion of Treasury securities and currently anticipates concluding purchases of $1.25 trillion of...
The upshot of Fed Chairman Ben S. Bernanke’s testimony before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday was “don’t expect much.” Bernanke reiterated the Federal Reserve’s intention to keep interest rates... Read Post
Day two of Federal Reserve Chairman Ben Bernanke's semi-annual Congressional testimony on monetary policy is about to begin. Today, Bernanke goes before the House Financial Services Committee. The event begins at 10 AM ET. Yesterday... Read Post
Let no one accuse quiet Ben Bernanke of not having balls. Bloomberg: U.S. mortgage rates may fall to the lowest since World War II after the Federal Reserve announced plans to buy up to $300 billion of Treasuries and increase purcha... Read Post