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8/27/10

US Economy: Bernanke soothes fears over US economy - by Dave Shellock

 Growing fears about the outlook for the US economy sent nervous investors scrambling for the perceived safety of government bonds and the yen for most of this week as equities and commodities racked up hefty losses.
But there was a shift in sentiment on Friday as comments from Ben Bernanke, chairman of the Federal Reserve – plus a better than expected revision to US growth numbers – appeared to soothe frayed nerves.
For more: FT.com / FT's rolling global market overview - Overview: Bernanke soothes fears over economy

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