News Links and Chart Links Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : News Links and Chart Links

SPXL 229.98

+1.7%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jon K. who started this subject	2/3/2003 8:50:39 PM
From: Softechie	Read Replies (1) of 29608

DJ Fed Bernanke-2:Uncertainty Still Big Impediment To Growth -------------------------------------------------------------------------------- DJ Fed's Bernanke: US Econ Still In Soft Spot 03 Feb 19:56 (MORE) Dow Jones Newswires 02-03-03 1956ET ------------------------------------------------------------------------ DJ Fed's Bernanke: Expects Econ To Pick Up In 2H 2003 03 Feb 19:56 (MORE) Dow Jones Newswires 02-03-03 1956ET ------------------------------------------------------------------------ DJ Fed's Bernanke:Scant Danger Of O% Fed Funds Rate 03 Feb 19:57 (MORE) Dow Jones Newswires 02-03-03 1957ET ------------------------------------------------------------------------ DJ Fed's Bernanke:Zero Inflation Rate Not Ideal 03 Feb 19:57 (MORE) Dow Jones Newswires 02-03-03 1957ET ------------------------------------------------------------------------ DJ Fed Bernanke-2:Uncertainty Still Big Impediment To Growth 03 Feb 20:28 NEW YORK (Dow Jones)--Overall U.S. economic activity remains mired in the soft spot it ran into last year, but there is ample reason to believe conditions will improve by some time in the summer, Federal Reserve Board Governor Ben S. Bernanke said Monday. "We are in the famous so-called soft spot" that's been driven by all of the uncertainty over geopolitical events and the economic outlook, Bernanke told attendees at a meeting of the Money Marketeers of New York University. While the Fed is like all other observers waiting to see when that uncertainty will lift, there is nonetheless reason to expect that "by the second half of the year the economy will be growing above potential" and the unemployment rate will be trending lower, Bernanke said. The Fed governor is a voting member of the Federal Open Market Committee, which met last week and left interest rates steady. Bernanke's views echoed the policy outlook laid down by the committee, while at the same time hearkening back to the early November FOMC meeting when the Fed cut rates to shepherd the economy through what it then called asoft spot in the overall recovery process. (MORE) Dow Jones Newswires 02-03-03 2028ET

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next