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What Bernanke Really Said

Paulus Textor Wrote: Aug 25, 2012 2:49 PM
And the chances of the Fed making good, solid decisions is the same as flipping the coin, and having it land on its edge.

The non-news of the day is Bernanke says scope for more Fed easing

Federal Reserve Chairman Ben Bernanke says there’s room for the central bank to take more action in responding to critical questions from a top lawmaker on Capitol Hill.

Bernanke’s letter to Darrell Issa, the California Republican who heads the House Oversight and Government Reform committee, was dated Wednesday and obtained by MarketWatch on Friday. Issa had written Bernanke at the beginning of August...