Summary
WASHINGTON Ben Bernanke, a respected Princeton professor before heading off to Washington, is finding that the nation's financial markets can be tough graders. But he is also demonstrating that he can be a quick learner.
Going into Tuesday's meeting, Bernanke was definitely failing to make the grade in the eyes of many on Wall Street. In contrast to Alan Greenspan, who gained rock star status during his nearly two decades at the Fed, Bernanke was seen as too cautious, especially at a time of crisis like the current turbulence in financial markets.See the full content of this document
Extract
He Cut the Rate, Grew in Stature
But then with one stroke, Bernanke turned the jeers int...
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