Wednesday, April 25, 2012

Live Webcast Of Ben Bernanke Press Conference And Updated Fed Forecasts

Update for those who don't see more easing - bad news:

BERNANKE SAYS FED PREPARED TO TAKE MORE BALANCE SHEET ACTIONS
BERNANKE SAYS `THOSE TOOLS REMAIN ON THE TABLE'

One hour ago, the Fed launched on a big stop hunt, sending gold first much lower, then much higher, even as it released no incremental data, but merely confirmed that with every other central bank still "easing" (by which we mean devaluing their currencies of course, most recently seen in India and Brazil, and shortly, in

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