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lard of the mindset that there is still time to monitor the situation. Yellen comments tonight in Boston (7pm) will also be closely watched ahead of Bernanke's JEC testimony tomorrow. Hilsenrath article in WSJ< mod=WSJ_hp_LEFTWhatsNewsCollection> says the Fed will consider more action at its upcoming m
ge Applications @ 7am, Non-Farm productivity & Unit Labor Costs @ 8:30am, Fed's Beige Book @ 2pm DOE crude oil inventories @ 10:30am Fed Speakers: Lockhart @ 8:15am (Ft Lauderdale), Tarullo testifies to Senate Banking Committee on Wall Street reforms @ 10am (DC), Williams (Bellevue, WA), Yellen @ 7pm (B
& retail sales domestically points China to a possible softer landing). S&P off 0.26% (1191) this morning ahead of RAC #'s out at 7am (GS @ 8am) and Bernanke speaking today @ 12:30pm in Boston ***PPI @ 8:30am, Housing Market Index @ 10am*** ***BAC & GS #'s pre-open, AAPL/INTC/CSX/JNPR/YHOO/ISRG after cl
N, LBAI, MRTN, PNFP, PTP, RLI, RNST, SON, SONC, URI, WCN, WERN Economic Data: PPI @ 8:30am, TIC Flows @ 9am, NAHB Housing Market Index @ 10am Fed's Lockhart speaks on economic outlook @ 6:30pm (Chattanooga) EFTA00425737 Conferences: Citi Greater China Investor (Beijing), BMC Life Sciences Summit (NYC)
=nsidered by the Fed, ECB, and the Bank of England, will likely be me=tioned. But we caution against expecting a repeat of the 2010 symposium,=where Bernanke telegraphed QE26. Bernanke may well mention th= scope for more accommodation, but he is likely to emphasize the condition=lity of new easing, especi
t "some data since (the Aug=st FOMC meeting) is stronger." More broadly, the tone was more upb=at than his July 16 interview. Atlanta Fed President Lockhart, oft=n seen as a median voter on the FOMC, has also acknowledged the recent str=ngth in the data; comparing his August 23rd interview to his Ju=y 13
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