This entry was posted on Tuesday, July 15th, 2008 at 2:19 pm and is filed under monetary policy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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I was part of a panel discussion on CNBC's Power Lunch earlier today discussing Fed President Ben Bernanke's testimony to the Senate Banking Committee. To see clips from the discussion, click here and here.
July 15th, 2008 at 9:52 pm
Yuck, I don’t know about all that. If you noticed, Bernanke was very careful -not- to use the word “recession,” but things like “the economy has continued to expand.” What exactly does that mean? I was pretty entertained by this translation of BB’s speech: http://www.236.com/news/2008/07/15/federal_reserve_chairman_ben_b_1_7732.php