Saturday, February 26, 2011

Potential Market Mover: Bernanke to Testify Tuesday

On Tuesday March, 1, Fed Chairman Ben Bernanke will testify before the Senate Banking Committee.  At the  hearing Bernanke will deliver his semi-annual monetary policy report to Congress.

Although Bernanke will attempt to be cautious and not rock markets, given the uncertainty of whether the Fed will continue with QE2 and whether it will launch a QE3, the market is likely to show some response to his comments.

1 comment:

  1. Even though im not from the US, it always seems like the hard truths are never said. Anybody who talks about the economy or monetary policy always seems to...not rock the market or rock the minds of people.Things never get better until there honesty.