Business Daily - 'Bernanke bounce' sends shares soaring after Fed tapering
- 10 years ago
Wall Street hit record highs after Ben Bernanke announced the Federal Reserve would reduce its stimulus programme from January, but by only $10 billion per month. That optimism also carried into the European markets in early trading on Thursday. Meanwhile, European Finance Ministers have finalised a deal which will avoid the so-called "death loop" of banks needing to be bailed out by national governments.
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