Patti Domm is CNBC Markets Editor, responsible for news coverage of the markets and economy. Prior to joining CNBC in 1999 as senior news editor, Domm was the equities editor for the Americas at Reuters. She was also Wall Street editor at Reuters, reporting on mergers, acquisitions and the Street. She also edited three CNBC books on personal investing. Domm serves on the board of the Financial Womens Association of New York.
With the Fed signaling slower U.S. growth, developments in Europe and a fresh batch of U.S. economic data will be the focus for markets Thursday.
"Those were strong words," said one pro. "It’s like saying one more weak report, one more hiccup in Europe, one more something, and they’re ready to go."
No matter what the Fed does, some corner of the financial markets will be unhappy Wednesday afternoon.
Traders tread cautiously heading into the weekend, with the potential for developments on a Spanish bailout and a boatload of Chinese economic data due to hit when world markets are closed.
This week's stock market rally was the best of the year, but traders may tread cautiously Friday amid worries over Europe and a boatload of Chinese economic data.
"What's he (Bernanke) going to say?," says one market pro. "Is he really going to get in a helicopter and dump money?"
The prospect that the world’s central bankers will juice the banking system with a new wave of easing sent stocks flying and the euro rallying.
Investors are hopeful that Trump will wrap some details around tax reform and other programs when he speaks to Congress in the week ahead.
The stock market may be signaling something is awry in the oil market.
Shares of Live Nation fell 4 percent on Friday following the company's fourth-quarter financial report released Thursday.
Patti Domm is CNBC Markets Editor, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
Senior Producer - Breaking News
Dominic Chu is a markets reporter for CNBC.
Evelyn Cheng is a markets writer for CNBC.
Sara Eisen is a correspondent for CNBC, focusing on currencies and the global consumer.