Wall Street recorded the best week for 2010 and hopes that Ben Bernanke, the Federal Reserve Chairman, will provide a reassuring assessment indicating the last improvement.
The rate rise implied that the monetary sector is recovered enough, creating the conditions for taking back remarkable liquidity, offered by the Fed. The Fed claims its benchmark fed funds rate will stay very low in the next period to sustain the recovery, without to clarifying the timeline of their exit strategy.
It is difficult to say if this improving level is an expression of its …