Fed Chairman Ben Bernanke keeps the door open to further interest rate reductions, saying downside risks to economic growth remain from housing, employment and credit markets. But he appears more upbeat on economy's prospects for later this year and next when combination of fiscal and monetary stimulus kicks in.
The market obviously hates this guy. Every time he speaks on TV they sell off the market. Before the meeting..the Dow was up 35-50 points. It is now down 138 points.
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