“Stocks finished higher Thursday, with the Dow and S&P 500 setting fresh highs, boosted by a batch of upbeat economic reports and after Fed Chairman Ben Bernanke reiterated that monetary policy will remain highly accommodative, even as the central bank starts to pare back its bond buying. Bernanke returned to Capitol Hill to testify before the Senate Banking Committee on the economy and QE after reassuring the markets Wednesday that there was no concrete timetable for the Fed to scale back its bond purchase program. Bernanke also emphasized that there could be a lengthy time-lag between the end of asset purchases and a hike in interest rates.”
Dow, S&P 500 set record highs on Bernanke, upbeat earnings
- Post author:The Freedom Watch Staff
- Post published:July 18, 2013
- Post category:Network Archives
Tags: Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, History Repeating, Investment/Trends, Mainstream News, Money For Nothing, Resistance, sound money, The Freedom Watch, What Could Possibly Go Wrong
The Freedom Watch Staff
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