This hour, Federal Reserve Chairman Ben Bernanke wil hold a press conference.
If you missed it, after a meeting of the Federal Open Market Committee ended, the Fed announced that because the economy had slowed since its last meeting, it would extend “Operation Twist” until the end of the year and pump an additional $267 billion into the program, which seeks to keep interest on long-term loans low.
The Federal Reserve will stream the conference live. We’ve embedded the video at the top of this post and we’ll circle back on this post with highlights of his comments.
The conference is scheduled to begin at 2:15 p.m. ET.