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.