Patience with Bernanke Could Pay Off; Fed Chief's Willingness to Talk Can Be Good for Investors in Long Run

Summary

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Some on Wall Street think Ben Bernanke has a communication problem. They say he gives mixed messages about the economy and about the Federal Reserve's intentions, leaving investors confused.

But they are missing the point - the recent economic figures aren't so clear cut either. And consider the alternative if he becomes tight-lipped: There won't be any clues about where interest rates could go next.

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Patience with Bernanke Could Pay Off; Fed Chief's Willingness to Talk Can Be Good for Investors in Long Run

There is no doubt that Bernanke has gotten off to a bumpy start since taking the Fed's helm on Feb. 1 from the retiring Alan Greenspan. As some economists have put it, he is a rookie making rookie mistakes.

Much...

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