Ben Bernanke finally took notice of the dollar yesterday in a speech in Barcelona, Spain and indicated the end to interest rate cuts may be here
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Investors can call it what they like - their Super Bowl, their Election Day, their Day of Reckoning - but they might want to keep in mind that Tuesday's decision may end up raising as many questions as it answers. Will Federal Reserve lower the interest rates?
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In order to stabilize the markets U.S. Federal Reserve unexpectedly cut the discount rates by half a percent sending stocks to rally in early trading.
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Ben. S. Bernanke, Chairman of the Federal Reserve Board, has presented the Semiannual Monetary Policy Report to the Congress, Before the Committee of Financial Services, US House of Representatives.
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