Richard Magadan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Second. Simon is at the ny sze, but we begin with the man that wall street and investors all over the world were waiting to hear from. Ben bernanke testifying before the House Committee on financial services. The tenyear reacted this morning to that. Right now it is down below the 2. 5 mark. Were at 2. 493 . Thats significant. Weve not seen that in some time. Senior economics reporter Steve Liesman joins me with some of the details on what mr. Bernanke said. Probably a dovish bent to bernanke in that hes saying fed policy is not on a preset course. Most of the economists who commented on this say they think the fed is on track to tapener september but a big issue is how much fiscal policy drags on the economy. Bernanke came back to that several times. Heres what he said in his prepared testimony. The risk remains that tight fiscal policy will restrain
New York , United States , Ohio Valley , District Of Columbia , Green Bay , Ben Willis , Freddie Mac , Jim Chanos , Sharon Epperson , Marisa Mayer , Bertha Coombs , Mandy Drury , Julia Martin , Jack Lew , Julie Martin , Bob Pisani , Dodd Frank , Ben Bernanke , John Paulson , Michael Dell , Carl Quintanilla , Ken Davis , Richard Magadan , Don Peebles , Preet Bharara , Brian Sullivan ,