Fed Chairman Bernanke Speaks

Speaker Federal Reserve Chairman Ben Bernanke;
Description Due to deliver a speech titled “The Effects of the Great Recession on Central Bank Doctrine and Practice” at the Federal Reserve Bank’s 56th Economic Conference, in Boston;
Usual Effect More hawkish than expected = Good for currency;
FF Notes Fed Chairman Feb 2006 – Jan 2014. Fed Governor Feb 2002 – Jan 2020. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues;
Why Traders
Care
As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy;
Acro Expand Federal Reserve (Fed);

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