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Tuff-Stuff

10/15/10 8:21 AM

#340220 RE: Tuff-Stuff #340219

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