BUSINESS
03/28/2008 02:45 am ET Updated May 25, 2011

Bernanke Speech Offers No Rate Cut Clues

In a closely anticipated speech Tuesday, Federal Reserve Chairman Ben Bernanke stopped short of signaling his views on the economy and interest rates, leaving Wall Street in the rare position of considering multiple interest-rate scenarios just one week ahead of a Fed policy meeting.
[Ben Bernanke]

Mr. Bernanke's prepared remarks to a German central bank conference, which were largely academic, stayed on the topic of global current account imbalances. He repeated his longstanding assertion that elements of the "global saving glut remain in place."

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