Central Bank Watch: Bernanke Warns of U.S. Contraction

The main highlights of the week so far in central bank-related news
included Fed Chairman Ben Bernanke’s testimony on the U.S. economy and
financial markets on Wednesday, along with the Reserve Bank of
Australia’s decision to hold rates at 7.25%. There were also some central
bank speakers, including the Bank of Canada’s deputy governor Paul
Jenkins, who spoke on Wednesday.

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