Wednesday, July 21, 2010

Bernanke Says Economic Outlook is "Unusually Uncertain", Fed Prepared for "Actions as Needed"

Be prepared for Quantitative Easing Round 2 (QE2) and/or other misguided Fed policy decisions because Bernanke Says Fed Ready to Take Action. http://noir.bloomberg.com/apps/news?pid ... q7SIxdjfIw

Treasuries rose, pushing two-year yields to the fourth record low in five days, as Federal Reserve Chairman Ben S. Bernanke said the economic outlook is “unusually uncertainâ€