AFP
August 25, 2011
WASHINGTON (AFP) – The last time Ben Bernanke communicated to the public, the US stock market jumped, then plunged, and then soared, all over a few minutes — no one was sure if his statement boded good or bad for the economy.
So when the US Federal Reserve chairman speaks at Jackson Hole, Wyoming, on Friday, after weeks of extreme market turbulence, hopes are that he will deliver some clarity both on the economy’s state and whether the Fed will give it a new boost.
With growth in a near-stall, and vulnerable to turbulence imported from troubled Europe, investors want a clear signal that the US central bank chief is ready to act to prevent a return to recession.
5 Responses to “Markets on edge for key Bernanke speech”
Leave a Reply
You must be logged in to post a comment.
Related posts:
Social Media is now Censoring even more after Biden's speech
Protesters Gather In ‘Noise Protest’ Outside Trump’s RNC Speech
Is the DEA Stopping Narco-terror Threats or Staging Them?
(Translation of key points): Nasrallah’s speech on Beirut Disaster
Bernanke doesn't want QE3
ACH (2054) Mallificus Scott – The Limeys #107 – The Battle For Free Speech Goes Mainstream
BERSPANKY is a SPANKSTER BANKSTER GANGSTER!
Let the liar speek…
His words can then be used against him….
I wonder what will happen to the markets when they hang him.
They shouldn’t let Bernanke talk. Every time he does the markets tank.
I bet there’s going to be some BS coming out of Jackson’s hole tomorrow.