Friday, April 29, 2011

Bernanke's press conference: Why the Fed chairman won't reveal anything to reporters on Wednesday.

Tomorrow, the notoriously close-mouthed Federal Reserve is holding the first scheduled press conference in its entire history. As part of a push for transparency and public approval, Fed Chairman Ben Bernanke will now submit to media questioning four times a year, following meetings where the Federal Open Market Committee updates its economic outlook.

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