Bernanke: Fed Knows How to Take Away the Punch Bowl
July 18 (Bloomberg) -- Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee in Washington about the Federal Reserve being able to take money out of the system, increase rates and "take away the punch bowl' when the time comes.
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South Korea's Central Bank Keeps Rate Unchanged
42:24 - South Korea’s central bank kept its policy interest rate unchanged for an eighth month as improvements in exports and inflation offset concerns over a political scandal that’s hurt domestic confidence. Bloomberg's Kathleen Hays reports on "Bloomberg Markets." (Source: Bloomberg)