Market Overview

Ben Bernanke Speaks to University of Michigan Students

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Today, Federal Reserve Chairman Ben Bernanke is speaking to students at the University of Michigan on monetary policy. Benzinga is at the event and will be posting live updates as Bernanke speaks.

  • Bernanke Speaking, Says Fiscal Policy Has Two Big Issues, Long Run Debt Sustainability and Fragile Economy
  • Update: Bernanke Says Full Fiscal Cliff Threatened New Recession, Challenge is to Achieve Long Run Sustainability Without Hampering Recovery
  • Update: Bernanke Says Many More Fiscal Problems Ahead, Budget Sequester and Debt Ceiling Among Them, Expects a Lot of Activity on These Issues in the Coming Months
  • Update: Bernanke Estimates 1-1.5% Fiscal Drag in 2013, Says Lots of Work to Come on Fiscal Woes, Long Term Approach is Needed
  • Update: Bernanke Says Driving Down Long-Term Rates Stimulates Domestic Consumption, Clear That Three Iterations of QE Have Driven Down Rates
  • Update: Bernanke Says Lower Mortgage Rates Has Helped Real Estate Market, Will Continue to Assess How Effective These Tools Have Been
  • Update: Bernanke Says Pace of Improvement in Economy Has Been Slow, Securities Purchases Major Approach to Policy With Zero-Bound Rates
  • Update: Bernanke Says Auto Industry, Housing in Michigan are Rebounding but Suffered Greatly in Recession

Stay tuned for more coverage of Bernanke's speech.

Posted-In: News Bonds Politics Forex Events Global Econ #s Economics Best of Benzinga

 

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