Obama unlikely to signal soon Bernanke's future at Fed

08/7/2009 | CNBC

Investors would like President Barack Obama to indicate whether he plans to name Federal Reserve Chairman Ben Bernanke to another term, but Obama is not expected to do so as soon as financial markets want. He is expected to take his time, but market observers warned against waiting too long. "If you get beyond August without an announcement, the markets will begin to get nervous," said Camden Fine, head of the Independent Community Bankers of America.

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