U.S. Day Ahead: Geithner likely to be clobbered over energy
Monday, March 19, 2012 - 02:28
Mar. 19 - Treasury Secretary Timothy Geithner is likely to get an earful from Republicans over rising oil prices when he appears before a House panel, according to Reuters Correspondent Mark Felsenthal.
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Here is your US stay ahead we could hear more about the headwinds facing the economy which trees secretary Timothy Geithner appears on the hill. He's testifying at 10 AM on the international financial system before a house panel. Reuters mark felt some calls as Geithner is likely to get hammered on rising energy prices. We're likely to get some harsh rhetoric from house Republicans about high oil prices which are highly unpopular and it is after all an election year. People like to argue in favor of more domestic production and guy who's gonna have to say that. High oil prices aren't necessarily something he can control. Housing starts at 8:30 AM should give -- engage in springtime buying I have ours says expect starts to -- down. To 690000. In February still a forecaster expects to see more recovery in the beleaguered sector thanks to an improving labor market. Marcus reached out and -- set to dominate earnings before the bell we should hear from Jefferies and Tiffany after the close is the turn of oracle no major surprises are expected according to start line. Fed chair Ben Bernanke goes back to college this time is a teacher he's due to give the first of four lectures before undergraduates at the George Washington university school of business. At 1245. He will be discussing the origins and mention of the Federal Reserve's. We could get more inside and that from Minneapolis president Gary on coach -- Lakota. He'll give his take on the limits to monetary policy in a lecture at 5:30 PM. The hot recently said unemployment -- hit seven point 7%. By the end of this year. Can't just play ball with president Barack Obama on his sped nominations. The senate banking committee will hold a hearing at Ted amonte -- Jerome Powell and Jeremy sign. We'll get places on the board of governors it is a bipartisan selection. Earlier the committee blocked it Obama nominees have said Nobel Prize winning economist Peter diamond's. Former Massachusetts governor Mitt Romney may be headed for an important victory at Illinois Tuesday night according to a new poll Romney leads his closest rival Rick Santorum. 545%. To 30%. A picture in the primary Tuesday was put Romney one step closer to becoming the Republican presidential candidate. I've got to show up there this is Reuters.
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