Ben Bernanke

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Courtney Raio
13 Jul, 2011 | 04:56 PM
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Markets broke their three-session losing streak today, with the Dow closing up 44 points. The Dow was trading as high as +165 at 10:30 when Ben Bernanke said the Fed would take policy steps to make sure the economic recovery continued, but gave back most of its gains throughout the day after Dallas Fed President Fisher said the Fed has done all it could for the economy, splashing some cold water on the possibility of any further easing. ...
Parasnand Madho
11 Jul, 2011 | 08:32 AM
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Ahead of the Bell: Dow futures are trading down 116 points and S&P futures are trading down 14 points after data from China showed annual inflation hit a three-year high. China's Premier Wen Jaibao said inflation is the main focus for the government.  Investors are concerned the Chinese central bank will raise interest rates again. European finance ministers are set to meet and discuss today a second round of bail-out for Greece. The main issue is how to get private bond holders to participate in any Greek debt rollover. Traders are skeptical an agreement can be reached. ...