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bernanke

October 6, 2010
Chartpoppers.com
 Goldman Sachs Group Inc. said the U.S. economy is likely to be “fairly bad” or “very bad” over the next six to nine months.   “We see two main scenarios,” analysts led by Jan Hatzius, the New York-based chief U.S. economist at the company, wrote in an e-mail to clients. “A fairly bad one in which the economy grows at a 1 1/2 percent to 2 percent rate through the middle of next year and the...
August 30, 2010
Chartpoppers.com
U.S. copper on Friday rose to its highest close since Aug. 4, supported by a rally on Wall Street after a speech by the Federal Reserve chief boosted optimism among investors. Benchmark copper CMCU3 on the London Metal Exchange hit $7,472.25 a tonne, its highest   since Aug. 19. The metal used in power and construction ended at $7,459 a tonne from $7,304.50 on Thursday. In New York, copper for September delivery HGU0 rose 5.85 cents, or 1....
August 27, 2010
Chartpoppers.com
Federal Reserve Chairman Ben S. Bernanke said the U.S. central bank “will do all that it can” to ensure a continuation of the economic recovery and that more securities purchases may be warranted if growth slows.   The Federal Open Market Committee “is prepared to provide additional monetary accommodation through unconventional measures if it proves necessary, especially if the outlook were to deteriorate...
June 11, 2010
ChartPoppers
Federal Reserve Chairman Ben S. Bernanke said the U.S. recovery probably won’t quickly bring down the unemployment rate, which is likely to stay “high for a while.” Given the depth of the recession, the recovery is “moderate paced,” Bernanke said last night in a question-and- answer session with Sam Donaldson, the ABC News journalist, in Washington. In Europe, policy makers “are committed to avoiding default...

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