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Comments from Fed Chairman Ben Bernanke , European Central Bank President Jean-Claude Trichet and Bank of Japan Governor Masaaki Shirakawa will highlight the day's economic news, along with the release of U.S. factory orders. Markets will also see the sale of a 52-week U.S. Treasury bill in the afternoon...
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Fed Chairman Ben Bernanke said the Federal Reserve bank is "attentive" to the slide in value of the U.S. dollar and that it has caused an "unwelcome" rise in import costs. Speaking alongside European Central Bank President Jean-Claude Trichet and Bank of Japan Governor Masaaki Shirakawa at an IMF conference...
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Speaking at the Chicago Fed's Conference on Bank Structure and Competition , Fed Chairman Ben Bernanke said he would strongly urge firms to continue raising new capital. "Recent events have also demonstrated the importance of generous capital cushions for protecting against adverse conditions in financial...
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Speaking at the Atlanta Fed's Financial Markets Conference, Federal Reserve Chairman Ben Bernanke addressed the current state of the U.S. economy, calling current financial market conditions "far from normal." "The provision of liquidity by a central bank can help mitigate a financial crisis. However...