+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

LIVE: Ben Bernanke Testifies Before The Senate

Jul 18, 2013, 19:57 IST

REUTERS/James Lawler DugganU.S. Federal Reserve Chairman Ben Bernanke delivers his semi-annual monetary policy report to Congress before the House Financial Services Committee in Washington, July 17, 2013.Federal Reserve Chairman Ben Bernanke begins day two of his semi-annual Humphrey Hawkins congressional testimony with an appearance before the Senate Banking Committee at 10:30 AM ET.

Advertisement

Yesterday's Q&A with the House Financial Services Committee, which ran for more than two hours, didn't move markets much, as most of the discussion focused on fiscal and regulatory policy as opposed to monetary policy issues.

However, the release of Bernanke's prepared remarks yesterday ahead of the testimony sent stocks and bonds higher, as markets interpreted his comments as "dovish."

Market participants will be watching today's Q&A with the Senate for any further discussion of the Federal Reserve's current monetary policy stance.

We will be bringing you relevant updates from Bernanke's Senate Q&A here LIVE. Click here to refresh for the latest >

Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article