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Ben Bernanke To Wall Street: It's The Beginning OfTthe End
The bearded one says the Fed could soon pull its support for the economy By Carmel Lobello | June 19, 2013 Ben Bernanke really knows how to push Wall Street's buttons. After almost a month of nervous speculation, jittery markets, and creeping interest rates, Fed Chairman Ben Bernanke met the press this afternoon following a two-day policy meeting of the Federal Open Market Committee. His chief message: The Fed is not ready to wind down its emergency stimulus programs just yet, an exit strategy that has come to be known as tapering. But if the economy continues to grow as projected, tapering will go into effect — as soon as this year.
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