Bernanke Speaks…

Fed Chairman Ben Bernanke gave a historic press conference following the release of today’s FOMC statement. You can watch the press conference here:

http://c.brightcove.com/services/viewer/federated_f9?isVid=1&isUI=1

For kicks we charted the market’s projections of the Fed Funds rate for the next 12 months both before and immediately after the Chairman’s comments. The market moved, so to speak, but not by much. Click the chart below for an expanded view.

Fed Funds Future Perspective
Fed Funds Future Perspective

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