Bernanke Clarifies Stimulus Talk, Markets Tumble

Wall Street semantics: Yesterday, Ben Bernanke appeared before Congress and mentioned the word “stimulus.” His remarks were widely interpreted to mean that the Fed was poised to take action to bolster the economy, and the markets rose in response. Today, Bernanke resumed testimony and made clear the Fed wasn’t considering…

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Bernanke Clarifies Stimulus Talk, Markets Tumble

Posted by on July 14, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.