World Week Ahead Bernanke kick-starts 2014

Sun, 29 Dec 2013

Dec. 30 (BusinessDesk) – After Santa brought further gains to Wall Street last week, pushing both the Dow and S&P 500 to record highs, investors will eye a speech by Federal Reserve Chairman Ben Bernanke for further clues about the central bank’s plans for tapering its stimulus. Bernanke, who is set to discuss the changing Fed in Philadelphia on Friday, might offer additional guidance after the Fed earlier this month announced it will reduce its monthly pace of bond purchases to US$75 billion in January, from US$85 billion. Philadelphia F...

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