Finance Latest News: Bernanke: Investors Starting to Get Fed's Message

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Finance Latest News: Bernanke: Investors Starting to Get Fed's Message

Finance Latest News: Bernanke: Investors Starting to Get Fed's Message
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Finance Latest News: Bernanke: Investors Starting to Get Fed's Message

by Wochit 0:52 mins

Chairman Ben Bernanke says markets are more stable now that investors better understand the Federal Reserve's guidance on when it might start reducing its bond purchases. Stocks edged higher in early trading on Wall Street after several major companies reported earnings gains and Federal Reserve Chairman Ben Bernanke said the central bank had no firm timetable for cutting back on its bond purchases. A spokesman for the drugmaker company GlaxoSmithKline said, Beijing is preventing the company's head of finance for China from leaving the country, as police accuse the British drugmaker of bribing officials and doctors,

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