Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »While you were sleeping Bernanke signals support
US Federal Reserve chief Ben Bernanke and the latest economic data provided the right mix for investors – further stimulus to underpin an accelerating recovery. Reports on US consumer confidence and the housing market were better than anticipated. The Conference Board’s consumer sentiment index rose to 69.6 this month, from a downwardly revised 58.4 in January, while new home sales …
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