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U.S. Day Ahead: A chance for Bernanke to defend Fed

Wednesday, March 28, 2012 - 01:47

Mar. 28 - Federal Reserve Chairman Ben Bernanke will give his final lecture the at George Washington University. Reuters' Mark Felsenthal says this is his chance to defend Fed against critics like Ron Paul.

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This is your dad had Federal Reserve Chairman Ben Bernanke was yours thoughts tomorrow on the economic recovery. Before a group of students it's a theme of his fourth and final lectured George Washington University. Reuters correspondent mark -- them on has been following the venture. This is a lecture about the end of the financial crisis and the aftermath. I don't think we're gonna learn anything new about what the kids playing to do as far as his own policies more chance for Bernanke to defend himself. Against critics like Ron Paul who do -- -- that altogether. Several other fed officials will hit the road in the morning Richmond fed president Jeffrey electoral speak at the credit markets symposium in Charlotte, North Carolina. Later in the day he'll talk about financial stability at a local university. Philly Fed president Charles Plosser will outline his economic outlook of the Rotary Club of Wilmington. And Atlanta Fed's Dennis Lockhart will share his views on global economy -- congress. Tomorrow we'll get the final reading at fourth quarter US GDP. I have four expects that significant upward revision to three point 6% from three point 0%. The vast majority of the revision would come from consumer spending on services especially on -- Also on -- initial jobless claims. Economists polled by Reuters expect the number of Americans claiming unemployment benefits to slightly increased. Best buy issued this corporate report card. Investors wanted to know -- the market share gains not by the world's largest consumer electronics chain came at the expense of margins. The last holiday season and offered deep discount price matching and free shipping. -- expects no surprises with earnings of two dollars sixteen cents a share. I'm Fred Katayama and this is --

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U.S. Day Ahead: A chance for Bernanke to defend Fed

Wednesday, March 28, 2012 - 01:47