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Latest update from FED chief...http://money.cnn.com/
Economy Fed sets road map Bernanke: Fed may 'moderate' pace if forecasts for falling unemployment hold true.
mamasan ( Date: 19-Jun-2006 09:30) Posted:
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Just wondering where is this man!!, maybe with Bush quitely taking and planning bush coming election as Bush is very busy with Japan and Korea
kim's missiles out of stock, ahmad's uranium too...ben out of idea /
This man is very quite lately. but not Kim or Ahmad..
today show is North Korea Kim, after Iran's ahmed... blur ben goes backstage for now.
Seem he is quite, quite enough for today, maybe he is very very busy preparing for tonite celebration (too busy to say something) yah....
high on IQ, low on EQ ??
At least this man is trying to said some things more forcefully in order to get out of Greenspan shoe, this time he is trying to be more careful in his word.
he has learned....silence is golden..
Economists said Bernanke, in an effort to be more open about the Fed's thinking, is actually increasing confusion.
"He's talking way too much and he says one thing one day and then says something entirely different the next day," said Martin Regalia, chief economist at the U.S. Chamber of Commerce and a former Fed economist. "This is not increasing transparency. It is increasing confusion."
Some economists said it is unfair to make Bernanke take all of the blame. Part of the problem, they contend, is that after 18 years of learning to decipher Greenspan's almost impenetrable prose, markets are having trouble getting used to Bernanke's more straightforward speaking style.
"Greenspan was rather cryptic. Bernanke is much more open and the result is that the markets are over-interpreting everything he says," said David Wyss, chief economist at Standard & Poor's in New York.
Lyle Gramley, a former Fed governor, said, "With Greenspan, who was quite obscure, the deal was to look at his speeches with a magnifying glass until you found the one word that told you what he was signaling. Bernanke is not like that. He says what he means."
he must have kena.. from his wife.. now quiet..
Well at least this man have not start talking yet !!, just hope he don any how talk even if he insist on interest rate increase. A inflation hawk.
Just crossing my finger, tonite this guy don't any how talk ok liao, 1 2 talk put it to monday Jun 26, 2006.
all FED guys no talk, good.
US market up now ??
W/o Ben or his kakia talking and with US housing signal +ve, good to know at least by keeping abit more quite, Dow is stablizling all though it is still uncertainty surround this man, hope by talking less, less mistake make.
ben no talk, his kakia keep talking, same old stauff, over and over again, getting stale, like a spoilt disc..
This man keep quite for today, it's as good as very bad for not talking, hoping he send the correct signal to DOW soon...uncertainty abound.
At least U got ur hand shake at the mkt, me goto Q to hand shake GCT at Whampoa hawker ctr.
waiting for post world cup..dats wen everyone comes back..n hopefully rate fears settles down..n we can see a powerful rally..:)