Economic data has come in weaker than expected, says Dino Kos, former NY Federal Reserve Bank/Hamiltonian Associates, who thinks QE3 might become a reality due to this data.
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The Fed chairman is saying what the markets want to hear, if it's needed, the Fed will step in, with Drew Matus, UBS Investment Research; CNBC's Steve Liesman, Rick Santelli and Simon Hobbs.
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Traders will be tuned in to Bernanke's Senate testimony Wednesday to see what he says about the economy and any new stimulus measures. Don't get too excited about a QE3, one economist said — that was just the Fed thinking out loud.
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How does Fed chief Ben Bernanke view inflation? Weighing in on what the Fed will say, with Steve Englander, Citi head of G10 currency strategy; CNBC's Steve Liesman, Bob Pisani and Rick Santelli.
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CNBC's Becky Quick has the details on Appaloosa Management's David Tepper's call on QE3, saying it is a long shot right now but could happen if financial conditions get much worse.
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The dollar wallowed at one-month lows against a basket of major currencies early in Asia on Wednesday, struggling to get up after comments from the head of the U.S. central bank bolstered expectations that U.S. interest rates will stay low for longer.
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Fed Chairman Ben Bernanke weighs in on the economy Tuesday, and he is expected to acknowledge the recent slowdown but may withhold a view on the duration.
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