[Chart courtesy of MarketWatch.com] Equities finished sharply lower Wednesday to extend losses into the third straight session this week, as major averages fell to multi-month lows over concerns about the upcoming budget debate. Markets turned jittery on news of conflict between Israel and Palestine, wiping out an early tech-driven rally. Stocks were on the decline after Egypt recalled its ambassador …
Will Bernanke Keep His Cards Close To His Chest?
Federal Reserve Chairman Ben Bernanke is unlikely to disclose his strategy going forward when he attends the annual economic policy symposium in Jackson Hole in September, says Randall Kroszner, former Federal Reserve governor and a professor of economics at the Booth School of Business at the University of Chicago. Back in 2010, Bernanke had disclosed his strategy, because he was …