I knew it

I had a conversation over the weekend about this, and got the impression someone thought I was crazy to make this point: there's no way the fed can promise they won't raise rates again right now. Now Bernake is denying he ever said it:

"I asked him whether the markets got it right after his congressional testimony and he said, flatly, no," Ms Bartiromo said. She was reporting live from floor of the Chicago Mercantile Exchange and the resulting trading roar almost drowned out the rest of her remarks.

She added: "He said he and his Federal Open Market Committee members were basically trying to create some flexibility for the Federal Reserve, saying the Fed may pause but the data will really dictate whether more rate hikes will occur."

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