Bernanke's market honeymoon is over
The less-than-desired cut in the Fed Funds Target and Discount rates on Tuesday was bad enough; a warning by the Federal Reserve Board on inflation, with the implication that further interest cuts might not be forthcoming, was almost grounds for divorce. The stock-price plunge that followed the Fed announcement may signal a parting of the ways for Federal Reserve chairman Ben Bernanke and the markets. - Julian Delasantellis