Wednesday, April 27, 2011

Be Sure to Tune In to the Bernanke Show

Got your agenda marked? The Federal Reserve Board meets this week, and for the first time Chairman Ben Bernanke has decided to face the public immediately afterward in an effort to increase transparency. Bernanke will be giving his first real press conference on Wednesday at 1:00 p.m. EDT. This particular Fed meeting is crucial because on June 30, the Fed is planning to end its second round of quantitative easing (Fed purchases of treasury bonds). Through this program it's currently purchasing up to 85 percent of the bonds issued by the U.S. Treasury since November 2010. What will the Fed do next, stop all together or phase the program out? Future Fed actions are...

Source:
http://article.wn.com/view/2011/04/26/Be_Sure_to_Tune_In_to_the_Bernanke_Show/

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