Bernankespeak

February 16, 2007

Today’s Wall Street Journal: “Reduced inflation concerns at the Fed and weaker economic data have led financial markets to boost expectations the Fed will lower its its short-term interest rate target…”

Today’s New York Times: “Fed chief sees a rate rise…”

Ben Bernanke took over as Fed chief saying he would eliminate Greenspeak and be clear about his intentions. So much for that pipedream.

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