Bernanke on Monetary Policy, State of Economy 2.24.10
Airtime: Wed. Feb. 24 2010,
Federal Reserve Chairman Ben Bernanke delivers his opening statement at a Congressional hearing on monetary policy and the state of the economy.
Airtime: Wed. Feb. 24 2010,
Federal Reserve Chairman Ben Bernanke delivers his opening statement at a Congressional hearing on monetary policy and the state of the economy.
“The key to Europe right now would be the stress tests with the banks,” Alan B. Lancz, president of Alan B. Lancz & Associates told CNBC. Robert Grady from Cheyenne Capital joined the discussion.
David Komansky, of Field Point Private Bank, discusses his firm’s unique business approach with CNBC and shares his outlook for the overall financial industry.
There is an 80% or more chance the euro zone will lose members within the next two years, Erwin Grandinger from EPM Financial Services Group said citing the group’s clients. He added that part of the problem is having no direct communication between politicians and the markets.
UK Finance Minister George Osborne unveiled his emergency budget Tuesday, which cut growth and borrowing forecasts, raised VAT and slapped a tax on banks. Geoff Tresman, chairman of Punter Southall Financial Management, Madsen Pirie, president of the Adam Smith Institute, and Jeremy Cape from Denton Wilde Sapte discuss.
The G20 Summit in Toronto wrapped up yesterday after two days of high-intensity meetings with world leaders, with Raghuram Rajan, University of Chicago-Booth School of Business and John Engler, National Association Of Manufacturers CEO.
Ford Motor earned 46 cents a share in the first quarter, beating estimates of 31 cents a share. CNBC’s Phil LeBeau has the details.