Tuesday 9 August 2011

The market expects Bernanke’s magic words: Quantitative Easing 3


After yesterday's bump on Wall Street, with the biggest drop since December 2008, it appears that only Ben Bernanke, the Federal Reserve chairperson, can calm the markets. The Federal Open Market Committee meets this afternoon and experts call for a new package of measures to prevent the U.S. falling into recession.
Days of bankers. Last week, ECB President Jean Claude Trichet, all interest centered at the monthly meeting of the institution in a storm on the debt market. The position of the banker doubting the fury unleashed over the market. The storm continues and the New York Stock Exchange fell more than 5% yesterday. Today is the day of Bernanke.



CONTINUE READING.......The market expects Bernanke’s magic words: Quantitative Easing 3

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