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Re: Tuff-Stuff post# 340219

Friday, 10/15/2010 8:21:13 AM

Friday, October 15, 2010 8:21:13 AM

Post# of 648882
No big surprises in Bernanke's much-anticipated speech: The Fed's next step will depend on economic data; inflation is too low but will remain such; high unemployment is cyclical, not structural; the economy should grow more quickly in 2011. Buyers are bidding up stock futures for now, with S&P +0.3% to 1177.50.

http://www.federalreserve.gov/newsevents/speech/bernanke20101015a.htm

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