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As Federal Reserve Chairman Ben Bernanke told Congress inflation is very low, the "Fast Money" traders on Wednesday provided their take on the topic.
Official Congressional budget estimates understate the peril of rising debt, Fed chair Ben Bernanke told the Budget Committee on Capitol Hill today.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Share your opinion in today's poll.
It is important to recognize the idea that the U.S. bond market is in the latter stages of a 30-year journey during which a “duration tailwind” pushed down market interest rates and boosted returns.
Federal Reserve Chairman Ben Bernanke heads to Capitol Hill on Wednesday with yet another charge to fend off—that the central bank's loose monetary policies are ignoring a looming inflation risk.
The Federal Reserve should start raising interest rates now in order to head off inflation later, Rep. Paul Ryan told CNBC.
Dean Baker has provided a provocative and must-read response to the report of the Financial Crisis Inquiry Commission.
Three things you need to know about this week - what will the Bank of England do, what will Bernanke say and watching the currency wars.
"Equities markets, as far as geopolitical events are concerned, tend to price them in and tend to move on," says one equities strategist. "I do not think the risk is over and done with, but the risk looks smaller today than it did."
In addition to signaling slow growth in jobs, the unemployment report reinforces the deep synergy between the Federal Reserve and the stock market.
Persistently high unemployment rates likely will keep the Federal Reserve from raising interest rates for at least another year, Pimco's Bill Gross told CNBC.
Several points stand out in Mr. Bernanke's press conference.
In retrospect, Tuesday’s big rally in the stock market wasn’t hard to figure out. The market did what it almost always does the first day of the month.
Central bankers compare to the devil, America needs a heart transplant, and financial advisors “have failed miserably” in their most important goal, Pimco’s Bill Gross says.
Global inflation is far higher than official statistics reveal, Marc Faber, editor and publisher of the “Gloom, Boom and Doom” report told CNBC on Wednesday, with increases in the cost of living amounting to between five and eight percent in the United States and just below that in Europe.
Decades of autocratic government and a lack of free elections are, of course, the main drivers of the political upheaval in Egypt. But did the sinking dollar and skyrocketing food prices trigger the massive unrest now occurring in Egypt — or the greater Arab world for that matter?
From riots to tighter monetary policy, food inflation will continue to drive global instability. Watch to see if foreign politicians and central bank governors begin to ramp up their criticism of the US Federal Reserve monetary policy that is perceived as a cause of the global inflation.
As we know, massive popular unrest has broken out against autocratic governments in North Africa and the Arab world. Egypt is the biggest story. But to varying degrees, the people have taken to the streets in Algeria, Jordan, Libya, Morocco, and Yemen.
The Financial Crisis Inquiry Commission produced a bit of a mystery with its report yesterday.