Market Wrap For January 3: Bernanke Speaks As Fed Chairman For Last Time; Markets Little Moved
January 03, 2014 at 16:29 PM EST
Fed Chairman Ben Bernanke took to the podium today in what many consider to be his farewell speech. During his tenure, Bernanke developed the nickname "Helicopter Ben," which is likely to stick with him for some time. Bernanke noted, "The FOMC's decision to modestly reduce the pace of asset purchases