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Market Expecting Too Much from the Fed & Bernanke: Pro

Tue 17 Jul 12 | 04:14 AM ET
"Ben Bernanke's main job is to try and give a sense of sentiment, improvement and confidence to the markets and my interpretation will be that he is going to reiterate what the Fed said in the minutes, he is going to outline what the Fed could do if conditions deteriorate but hold off from saying they are going to do that," Timothy Riddell, head of global markets at ANZ, told CNBC.

 
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