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Bernanke suggests Fed not ready to pull back on stimulus
ReutersWASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the U.S. central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday. In...Tags: Central Bank, Economy, Energy, Economic Policy, Economy, Business and Finance
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CANADA STOCKS-TSX jumps more than 1 percent on Fed comments
ReutersTORONTO, May 22 (Reuters) - Canada's main stock index rose more than 1 percent on Wednesday, led by gains across all major sectors, as investors cheered comments from U.S. Federal Reserve chairman Ben Bernanke suggesting continued monetary stimulus. The...Tags: Toronto Stock Exchange, Stock Market, Toronto (Canada), Canada, Ben Bernanke
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GLOBAL MARKETS-Bernanke comments spur volatility, but stocks, dollar gain
Reuters* Dollar index up slightly after Bernanke * Stock markets up around the world, S&P at new high * Treasuries lower on comments on possible tapering * Crude oil tumbles after jump in supplies By Ryan Vlastelica NEW YORK, May 22 (Reuters) - Stocks, bonds...Tags: Stock Activities, Economy, Business and Finance, Finance, Nikkei, S&P 500
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Dollar hits four-and-a-half-year high vs yen, nine-month high vs Swiss franc
ReutersNEW YORK (Reuters) - The dollar rallied to trade at a fresh 4-1/2-year high against the yen on Wednesday after Federal Reserve Chairman Ben Bernanke warned that holding interest rates too low for too long has its risks and raised the possibility the Fed...Tags: Germany, Exports, Economy, Charles Schwab, Weather
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Bernanke's Q&A testimony to congressional panel
ReutersWASHINGTON (Reuters) - Below are highlights of the question and answer session of Federal Reserve Chairman Ben Bernanke's testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. BERNANKE ON WHETHER HE WOULD SERVE A THIRD...Tags: Economy, Financial Markets, Economic Policy, Finance, Economy, Business and Finance
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European shares rise on Bernanke stimulus comments
ReutersLONDON, May 22 (Reuters) - European equities climbed to a new five-year high on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank would retain its monetary stimulus measures until the economy improved. Analysts stayed positive...Tags: BNP Paribas, Ben Bernanke
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Analysis: As economy strengthens, a bonds sell-off may beckon
ReutersNEW YORK (Reuters) - The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off. They point to the relative strength of the U.S. economy with the labor...Tags: Charles Evans, Financial Markets, S&P 500, Employment, Columbia Management Company
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ANALYSIS-As US economy strengthens, a bonds sell-off may beckon
ReutersBy Ellen Freilich NEW YORK, May 22 (Reuters) - The U.S. government bond market has weakened in recent weeks but some investment strategists fear that this may only be the beginning of an extended sell-off. They point to the relative strength of the U.S....Tags: Financial Markets, S&P 500, Employment, Columbia Management Company, Career and Workplace
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GLOBAL MARKETS-Shares rise after Bernanke comments, oil lower
Reuters* Dollar index up slightly after Bernanke * Stock markets up around the world, S&P at new high * German bond yields ease, Treasuries lower * Crude oil tumbles after jump in supplies By Ryan Vlastelica NEW YORK, May 22 (Reuters) - Stock markets around...Tags: Stock Activities, Foreign Exchange Market, U.S. Congress, Nikkei, S&P 500
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Bernanke warns against scaling back Fed stimulus too soon
WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke said Wednesday that the central bank could start scaling back its stimulus program in the next few months, but warned against acting too quickly and harming the still-weak economic recovery. The key...
Tags: Central Bank, U.S. Congress, Jamie Dimon, Economy, Business and Finance, Finance
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Bernanke warns that premature ending of Fed's stimulus efforts would carry substantial risks
AP Economics WriterWASHINGTON (AP) — Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates...Tags: Credit Ratings, Economy, Business and Finance, S&P 500, Financial Markets, Finance
May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| AP Broadcast
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