Bernanke Testimony to Senate Budget Committee

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By Jon C. Ogg Published
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Federal Reserve Bank Chairman Ben Bernanke is testifying today in front of the Senate Budget Committee.  His speech outline’s opening remarks appear identical to his speech in front of the House Budget Committee given last week.  Some will find this a bit odd considering the newer data.  His answers may of course be different now that he has more economic data, particularly on the jobs front.

Here is the link to the FOMC meeting notes from January 25 and here is the post-FOMC decision conference link.  As you might have expected, no new information is causing no market reaction so far.  We are still in the red in stocks today and teh Dow Jones Industrial Average is down almost 20 points on teh day.

Contact [email protected] for any questions or corrections.

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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