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Forex News: Bernanke Highlights

Posted by Greg Michalowski on Wed, 02/27/2008 - 10:05am in
  • `IMPORTANT' TO NOTE `DOWNSIDE RISKS' TO GROWTH
  • FED WILL ACT IN `TIMELY MANNER' TO HELP GROWTH
  • Bernanke Pledges Fed Will Act in `Timely Manner' to Help Growth
  • REITERATES FED WILL PROVIDE `ADEQUATE INSURANCE'
  • UPSIDE RISKS TO INFLATION GREATER THAN MONTH AGO
  •  FED SEES INFLATION SLOWING AS ENERGY COSTS FLATTEN
  • CITES SOME `PASS-THROUGH' OF ENERGY TO CORE PRICES
  • FED TO CLOSELY MONITOR PRICES `IN MONTHS AHEAD'
  • SAYS DATA SINCE JAN. INDICATE `SLUGGISH' GROWTH
  • SEES CONSTRUCTION FALLING FURTHER, HURTING GROWTH
  • CREDIT MARKETS STILL `UNDER CONSIDERABLE STRESS'
  • FED SAYS ECONOMY HAS `ENTERED 2008 WITH LITTLE MOMENTUM'
  • *FED SAYS DEMAND FOR LABOR HAS `SLOWED FURTHER OF LATE'
  • `ACTIVELY PURSUING' WAYS TO HELP STEM FORECLOSURES
  • SAYS SHORT-TERM INFLATION EXPECTATIONS `ROSE SOMEWHAT'
  • SEES POSSIBILITY OF WEAKER HOUSING MARKET
  • COMMERCIAL CONSTRUCTION LIKELY SLOWING
  • SEE US EXPORTS CONTINUING TO EXPAND IN COMING MONTHS
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