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Bernanke Talks

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Just watching the conference of American bankers in Washington with Bernanke, Trichet and the deputy of the BOJ.

Bernanke was up first and said it is now clear the economy is moderating and it was in a period of transtion. The recent price rises are 'unwelcome' and he and the other members of the fed will remain 'vigilant' to these rises due mainly to rising energy prices.

All in all a very hawkish speech and IR sensitive stocks fell. The Dow fell 131 points and the IR futures for the states rose from 50/50 for a rise to 70/30 on the back of his speech.

Will let you know later what Trichet has to say.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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