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Last time he spoke, Bernanke suggested the risks were balanced between growth an inflation, says Tim Seymour. The Street will be listening closely.
Guy Adami thinks Bernanke has to back up comments made by Fed Vice Chairman Donald Kohn who said Wednesday "Uncertainties about the economic outlook are unusually high right now… these uncertainties require flexible and pragmatic policy-making -- nimble is the adjective I used a few weeks ago." If they’re not speaking with a common voice, there’s a bigger problem, adds Adami.
Pete Najarian doesn’t ever recommend trading a Fed official.
> Read More: “Fed's No. 2 Sparks Markets With Hint Of Rate Cuts”
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Trader disclosure: On Nov. 28, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (NAT), (EMC), (ISIS),Najarian Owns (BSC) Options, (COP) Options, (GOOG) Options, (YHOO) Options: Finerman's Firm Owns (PLCE), (TSO), (WMT), (YHOO), (LOW): Finerman's Firm Owns (BIIB) Options, (MSFT) Options: Finerman's Firm Is Short (SPY), (IWM), (IJR), (IYR), (MDY), (MBI): Finerman's Firm And Finerman Own (GS): Finerman's Firm Owns (HD) And (HD) Puts, Finerman Owns (HD): Finerman's Firm Owns Russell 2000 Puts: Finerman's Firm Is Short (LEH) And Owns (LEH) Puts: Seymour Owns (AAPL), (MS), (MSFT), (YHOO), (GFA), (ITU), (SWC), Gazprom, Lukoil: Seygem Aset Management Owns (EEM), (CTCM): NBC Universal Is The Parent Company Of CNBC
Data is a real-time snapshot *Data is delayed at least 15 minutes