The Fed man speaketh

Federal Reserve Chairman Ben Bernanke was subjected to journalists questions for the second time yesterday when he hosted the second post-FOMC press conference. As was expected going into the meeting, the Fed made no change to the Federal Funds rate or their plans to alter the second round of quantitative easing. This came as no surprise given the recent bout of bad economic numbers in nearly every sector.

Bernanke looked more comfortable in this second soiree with journalist, even if he didn't let much slip concerning timelines the FOMC is looking at. It's still a good idea to hear what the head of the Central Bank is thinking. Below is the webcast from the conference.

What questions were you hoping Bernanke would address? How does your outlook for the economy change as a result of what Bernanke says here? Be sure to check out our Mid-Year Economic Outlook that will be published in the July issue of Fututres on June 27.

Broadcasting Live with Ustream.TV

About the Author
Michael McFarlin

Michael McFarlin joined Futures in 2010 after graduating summa cum laude from Trinity International University, where he majored in English/Communication. With the launch of the new web platform, Michael serves as web editor for the site and will continue to work on the magazine, where he focuses on the Markets and Trading 101 features. He also served as a member of the Wisconsin National Guard from 2007 to 2010.

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