The text of a new Bernanke speech on the state of the labor market just hit.
The basic gist is that Bernanke isn’t sold on the self-sustaining recovery.
That’s being interpreted as a sign that he’ll stay on hold, or perhaps even do another round of QE.
Dow futures are up 100 points.
Read Bernanke’s full speech here >
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See Also:
- VIDEO: Bernanke Explains The Housing Bubble And Why The Fed Looks Like It Does Today
- Ben Bernanke’s Massive Slide Presentation Explaining The Housing Bubble Monetary Policy Since WWII
- BERNANKE: Back Off! The Fed Didn’t Cause The Housing Bubble