Report finds Bernanke's comments affect markets most

07/23/2008 | Reuters

The "Who Moved Markets" report by Macroeconomic Advisers found that Federal Reserve Chairman Ben Bernanke had the biggest impact on financial markets with his comments that signaled monetary-policy shifts. "Bernanke's speeches accounted for over 60 basis points of movements in the two-year Treasury note, which is five times the effect of the next most influential [Federal Open Market Committee] member," according to the report.

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