Maria Moves Markets

Apparently CNBC’s Maria Bartiromo can still move markets:

…Maria Bartiromo, a commentator on financial news network CNBC, said Federal Reserve Chairman Ben Bernanke told her over the weekend at a White House correspondents’ dinner that the media misinterpreted his comments in congressional testimony last week as too lenient toward inflation.

…”I asked him whether the markets got it right after his congressional testimony, and he said, flatly, no,” Ms. Bartiromo said, according to a transcript of her comments provided by CNBC. “He said he and his Federal Open Market Committee members were trying to basically create some flexibility for the Federal Reserve, saying the Fed may pause but the data will really dictate whether more rate hikes will occur at future meetings.”

And here I thought Maria only had the power to cloud men’s minds…

[via WSJ]

Related posts:

  1. Will faux-futures markets fail?
  2. Take the Fed Test
  3. U.S. Federal Reserve to Install “Fed-Cam”
  4. Contango in Oil Markets
  5. Emerging Markets vs. the Auto Industry